Why haven't I received my 1099-K form yet?

Accounting & Taxes

Topic summary

Shopify merchants are frustrated about delayed 1099-K tax forms, which are legally due January 31st but won’t arrive until late February due to a company-approved extension.

Key Issues:

  • S-Corp owners face particular hardship with March 15th filing deadlines, leaving minimal time for accountants to prepare returns
  • Shopify support suggests merchants can calculate the needed figures themselves using store admin reports, but multiple users report these calculations produce significantly different numbers than the actual 1099-K forms
  • Users attempted both recommended export methods (1099-K transactions and transactions-by-date) with inconsistent results

Merchant Concerns:

  • CPAs typically require the actual 1099-K form to file taxes, not self-calculated estimates
  • The discrepancy between Shopify’s calculation methods and final 1099-K figures creates uncertainty
  • Poor proactive communication from Shopify about the delay
  • This appears to be a recurring annual problem

Workaround:
Some merchants are preparing draft tax returns and waiting to insert the actual 1099-K figures before final submission, though this delays potential refunds.

Status: Discussion remains unresolved with ongoing complaints about accuracy and timing issues persisting into the following tax year.

Summarized with AI on November 1. AI used: claude-sonnet-4-5-20250929.
2

Hi @AlyssaC17

Thank you for sharing your feedback! Shopify has a legally approved extension for providing a 1099-k form, we expect to have it available by end of February. Having the form is not required for submitting your taxes in most cases. The information on the 1099-k is the same information you will have in your store admin already. You can export your sales over time report and your Shopify Payments payouts to calculate the information you need. If you have an accountant, they should be able to assist you with this.