In the United States, all payment card and third-party payment networks — including Talo Payments — are required to report merchant sales activity for goods and services to the IRS and relevant state tax authorities. This is done using a 1099-K form.
Requirements to Qualify for a 1099-K
Talo Payments will provide a 1099-K form if all of the following are true:
You are, or are presumed to be, a U.S. person
Your Talo Payments account was opened in the United States
Your account processed more than $5,000 USD in total gross payments within a calendar year
Note: The IRS evaluates your online gross payments based on your Tax ID. All Talo Payments accounts under the same Tax ID are reviewed collectively.
Talo Payments will file your 1099-K with the IRS and applicable state authorities. A downloadable copy will also appear in your Talo Payments account.
If your gross payments meet your state’s reporting requirements, a copy will also be filed with your state tax authority.
Getting Your 1099-K Form
If you meet IRS thresholds, Talo will generate a 1099-K showing all payments processed through Talo Payments for the previous calendar year.
We will automatically email you your 1099-K PDF form.
Depending on your setup, you may receive multiple 1099-K forms. Review all forms to confirm your total gross payments.
Before You Begin
Your documents will be available during Q1 of the following year.
To access your 1099-K:
Go to Sales > Transactions in your dashboard.
Click View Tax Documents.
Click Download PDF next to your 1099-K.
Need Help With Your 1099-K?
If you have questions or can’t locate your form, contact Talo Support.
We can help with:
Locating your 1099-K
Understanding how payments are calculated
Updating incorrect information
If you need expert tax guidance, consult a tax professional or the IRS website.
FAQs
Where can I see my information on the 1099-K?
Key fields include:
Name / company name
Address
Tax Identification Number (SSN / EIN / ITIN)
Gross payments
Number of transactions
State information
Can I update personal or business information on my 1099-K?
Your 1099-K includes:
Name / company name
Address
Tax ID
State data
If this matches your business information for the previous year, no action is needed.
If you need changes, contact Talo Support. A new 1099-K will be generated after updates.
Note: Updating personal/business info requires re-verification of your Talo Payments account. You can still accept payments, but payouts will pause until verification is complete.
What if I believe the payment amounts on my 1099-K are incorrect?
Talo Payments works with its provider partners to calculate gross payments per IRS guidelines.
You can verify totals by comparing:
Your Talo Payments settlement report
Your 1099-K
If something appears incorrect, contact Talo Support so we can investigate. If an update is needed, a revised 1099-K will be issued.
Does my 1099-K show all payments on Talo?
If you:
Have a Talo Payments account
Are located in the U.S.
Meet federal thresholds
…your 1099-K will show all gross payments processed through Talo Payments during the year.
Note: Manual payments are not included.
If you use additional providers (e.g., PayPal), you will receive separate 1099-Ks from each provider.
Why don’t I see a 1099-K in my Talo Payments account?
If no form appears in your Tax Documents, you likely did not meet the reporting requirements.
Account Owners, Co-Owners, and Payments Admins can view 1099-Ks.
Which email is used for 1099-K notifications?
All updates are sent to the email associated with your Talo account.
Check your spam folder if you’re expecting a notification.
Why did I receive a 1099-K if I didn’t meet the federal threshold?
The IRS evaluates gross payments by Tax ID, not by individual account.
If multiple Talo Payments accounts share the same Tax ID, their totals are combined and may exceed the $5,000 threshold.