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latestOpenAPI 3.0.1Apache 2.02026-07-248286406.8 KB

Tax

Update or Correct Form 1099-K

This PUT endpoint is used to update or correct a previously submitted Form 1099-K. The system automatically determines whether to perform an Update (if the form has not yet been accepted by the IRS) or a Correction (if the form has already been accepted by the IRS). For corrections, specify correction_type as VOID, RECIPIENT, AMOUNT, or RECIPIENT_AMOUNT.

put/payout/{user_token}/tax/form1099k

Request body

tax_year'2023' | '2024' | '2025' required

Tax year of the Form 1099-K

supplemental_gross_amountnumber

Box 1a: Supplemental Gross amount of total reportable payment card/third party network transactions. When provided, this amount will be added to the total amount of payouts and loads (deducting spendbacks) that were initiated in the tax year Either this or gross_amount is required

gross_amountnumber

Box 1: Gross amount. When provided, this will be the total amount reported. Either this or supplemental_gross_amount is required

merchant_category_codestring required

Box 2: Four-digit merchant category code (MCC)

number_of_payment_transactionsinteger required

Box 3: Number of payment transactions processed

federal_tax_withheldnumber

Box 4: Federal income tax withheld (backup withholding)

account_numberstring

Account number for reference when multiple 1099-K forms are filed for the same recipient

filer_indicator'PSE' | 'EPF'

Type of filer: PSE (Payment Settlement Entity) or EPF (Electronic Payment Facilitator)

transactions_reported_type'Payment_Card' | 'Third_Party_Network' required

Type of transactions being reported

is_postalboolean

When set to true, once the return is transmitted, the 1099-K form copy will be mailed to the recipient's address via USPS.

Note: Postal Orders for Foreign Address will not be created.

email_addressstring email

Optional email address to receive the tax form link; if provided, the form link will be sent to this address, and if omitted, no email will be sent.

submission_idstring required

The original submission ID to update or correct

is_voidboolean

Set to true to VOID the original filing (zeros out all amounts). Use this when the form should not have been filed at all.

Example request

{
  "submission_id": "abc123-def456-ghi789"
}

Response

submission_idstring

The new submission ID

record_idstring

The new record ID

operation'UPDATE' | 'CORRECTION'

Whether this was an update (pre-IRS acceptance) or correction (post-IRS acceptance)

original_submission_idstring

The original submission ID that was updated/corrected

status'SUCCESS' | 'FAILURE'

Status of the operation