PracticeQ Payments: 1099K Form

If you processed at least $20K with PracticeQ Payments in a year, you will receive a 1099K from Stax.

• If you processed less than $20K, you will not receive a 1099K.
• 1099K forms for the previous year are sent out no later than January 31st. 
• You may request a digital copy if you do not receive a physical one.
• 1099K forms will be mailed to the merchant address on file, which is the address you provided when you applied for PracticeQ Payments. 
• 1099K forms will report only the gross receipts of transactions processed. The total does not adjust for refunds, credits, returns, chargebacks, funds held or suspended, mis-keyed amounts, sales tax, or tips. The dollar amount of each transaction is determined on the date of the transaction.
• If adjustments are needed to your 1099K, please reach out to us at hello@intakeq.com for a new W9 form.