Important Information Regarding 1099 Forms For Tax Year 2023
Happy New Year! We wanted to provide you with important information regarding the issuance of 1099 forms for tax year 2023.
Based on the information provided in the signed W-9 forms, we will only be issuing 1099 forms to those fulfillment partners who have reported their tax status as individual, single-member LLC, or partnership. If your W-9 indicates a different tax classification, please be aware that a 1099 form will not be issued to you.
It is crucial for accurate tax reporting that the information on your W-9 aligns with your actual tax status. If you have changed tax classification or ownership in 2023, please send a W-9 to us as soon as possible so that we can assist you in updating your records.
Additionally, please note that all 1099 forms will be sent out by both email and regular mail on or before January 31, 2024. Your 1099 will be emailed to the email address used for bi-monthly statements. It is important to ensure that the contact information we have on file is accurate to guarantee the timely receipt of your 1099 form.
We appreciate your cooperation in this matter, as it helps us maintain accurate and compliant tax reporting practices. If you have any further questions or require assistance, please feel free to review our FAQ page or contact our FP Support at email@example.com.