Many small businesses are concerned about new Form 1099-K reporting requirements effective for 2022. This course reviews the prior and new Form 1099-K reporting requirements, who issues a Form 1099-K, and how to report Form 1099-K on the tax return.

Learning Objectives
  • Describe who issues Form 1099-K and under what circumstances.
  • Explain the interactions between Form 1099-K and other information returns.
  • Demonstrate how various Form 1099-K transactions are reported on Form 1040.

Education Information

IRS Program Number: NMVBP-T-00216-22-S

Length: 50 minutes plus optional question-and-answer session (no CE)

Prerequisite: None

Advanced Preparation: None

Program Level: Basic

Delivery Method: Self-Study

Field of Study: IRS Federal Tax

Credit hour: 1 IRS CE

Instructor: Thomas Gorczynski, EA, CTP, USTCP Click here to learn more about the instructor.

All continuing education credit is provided through Gregory & Associates, Inc. which is doing business as Compass Tax Educators. Click here to learn more about our education policies. 

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