Need 1099-K That ACCURATELY Reports our Corporate Fiscal Year (NOT a standard calendar year)

This is an ongoing/continual problem with Square's 1099-K Tax Forms. Our S Corporation uses a FISCAL YEAR of June 1-May 31 of the following year. However, Square ONLY HAS THE ABILITY to produce 1099-Ks based on a standard calendar year of January-December. HOW are we supposed to use a 1099-K that DOES NOT accurately portray our entire Fiscal Year of June 1, 2022 through May 31, 2023? Why does this seem so difficult? 

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Square Community Moderator

Hello @Best_In_Denver 

 

I'm personally sorry to hear that our Tax filing process doesn't meet your business needs. I recommend reaching out to a tax advisor so they can best point you in the right direction here. 

JJ
Community Moderator, Square
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