How to Access Your 1099-K Form on Sovos Filing
For tax season 2024, TCGplayer is working with Sovos Filing to ensure eligible sellers are able to access their 1099-K form.
Please note: You must meet the requirements below for tax year 2024 to receive a 1099-K.
For the tax year 2024, you will receive a Form 1099-K if any of the below apply:
- You had more than $5,000 in sales.
- You didn't give us your SSN, ITIN, or EIN and we withheld your payments or your payments were subject to withholding.
- You reside in a State that has a lower reporting threshold than the Federal reporting threshold. Check with your state’s tax or revenue department to confirm the Form 1099-K threshold for your state.
You can learn more about 1099-K eligibility and details by reviewing our 1099-K FAQ.
Eligible sellers will receive a link via email which will guide them to Sovos to access tax forms by January 31st. The email will look similar to the image below:
This email is legitimate and will be the only way to retrieve your tax form if you have reached the reporting thresholds noted above. Once you have completed the authentication process, you will be able to view your tax forms through Sovos.
Once you click the Sovos link in the email, you will enter the access code. Then you will be required to input the last 4 digits of your Social Security Number and Zip Code to authenticate your identity.
After you log in, your 1099-K tax forms will be displayed with options to View or Download. We highly recommend you download your 1099-K form for safe keeping!
When you are finished viewing or downloading your 1099-K tax form from Sovos, log out of Sovos. You can do so by selecting the Log Out option near the top of the page.
Your 1099-K will also be mailed to you physically as long as your address on file is up-to-date.
Please log into your seller portal and make sure that all of your information is up-to-date in the seller portal “My Details” page and the “W-9” tab. For more information, please check out our W-9 Requirement FAQ and our Sales and Income Tax FAQ.
If you have additional questions, we recommend contacting your tax advisor with any questions about how this might impact your business. Please contact us for additional assistance if you are not able to access your tax forms after the authentication process.