[The title of this thread has been edited from the original: 1099-K - >$20K but <200 transactions]
If transactions are over $20K but # of transactions are under 200 will you still receive a 1099? I have seen contradicting statements on this. I know the Square site says $20K AND 200 transactions but I am unsure if this is worded correctly / on purpose.
Has anyone experienced over $20K in payments in fewer than 200 transactions and not gotten a 1099?
Trying have my ducks in order ahead of time as far as what I have to keep track of myself or not.
