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WebOct 5, 2024 · Filing requirements for issuers of Forms 1099. You must file an annual report of interest, dividends, and other income taxable under Chapter 62 of the Massachusetts … WebDec 27, 2024 · Dwolla issues 1099-K forms for transactions within our network that exceed certain federal or state reporting thresholds. For the 2024 tax year, the federal threshold for reporting is $20,000 in payments from over 200 transactions. This will result in more 1099-K forms in the 2024 tax season. WebMar 18, 2024 · The form 1099 for an LLC is a federal income tax form that is used to report money or benefits paid to an independent contractor, an estate, a partnership, a sole proprietor, or an attorney who is not employed by the LLC. Companies have to file this form with the IRS to report these payments. smart light switch double