Form 1099-K- Clarification of Total Dollar Amount in Box 1a

 

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Clarification of Total Dollar Amount in Box 1a

The amount in box 1a is the total dollar amount of total reportable payment transactions without regard to any adjustments for credits, cash equivalents, discount amounts, fees, refunded amounts, or any other amounts. The dollar amount of each transaction is determined on the date of the transaction.

For more information, see Understanding Your Form 1099-K.