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FORM 1099SF INSTRUCTIONS
General
Information Must File a
Statement of
Employee
Compensation
(1099SF)
When to File
Where to Decompensation
Information Louisville Metro Revenue Commission, (hereinafter
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What is 1099-sf?
1099-sf is a tax form used to report payments made in settlement of payment card and third party network transactions.
Who is required to file 1099-sf?
Individuals and businesses that accept credit card payments or use third-party payment networks are required to file Form 1099-sf.
How to fill out 1099-sf?
To fill out 1099-sf, you will need to report the gross amount of payment card transactions and third-party network transactions made to you.
What is the purpose of 1099-sf?
The purpose of 1099-sf is to report income received from payment card transactions and third-party network transactions to the IRS.
What information must be reported on 1099-sf?
You must report the gross amount of payment card transactions and third-party network transactions made to you on Form 1099-sf.
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