What are 1099 tax forms?
Depending on the services you've used throughout the year, you may receive any of the following forms:
- 1099-K: Used to report payments received through third-party payment networks and payment card transactions.
- 1099-INT: Used to report interest income.
- 1099-MISC: Used to report various other types of payments not related to non-employee compensation including prizes and awards.
It's also possible that you won't receive any 1099 forms in a year.
When and how will I receive my 1099 forms?
You will receive your 1099 forms by January 31, every year. 1099 forms will be available to download in the Revolut Business app, in the 'Statements' section and by selecting 'Tax report'. You'll be notified when your 1099 tax forms are ready to view and download in the app.
I need a correction made to my 1099, what should I do?
If you need corrections made to a 1099-K, follow this process with the IRS. For other forms, further information can be found on this page.