Greetings @LB2021,
Thanks for reaching out to the Community. I hope your week is starting off nicely. I’d be happy to clarify the 1099 reporting for you. The IRS guidelines stipulate that payments made to contractors via credit card do not get reported on the 1099 NEC or 1099 Misc, they will be reported on a 1099 K, IF they meet the threshold. I’m attaching a link to the IRS website with more information for you: Understanding-your-form-1099-k.
If you have additional questions about your 1099’s or anything else, please let me know. I’ll keep an eye out for your reply. I’m happy to help anytime.
