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Taxforms?

If we use this service strictly to collect payment for dues and fundraising, are we still required to fill out the 1099-K tax form?

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Square

Hi! To qualify for a 1099-K through Square you must meet both of these requirements:  

 

  1. More than $20,000 in gross sales from goods or services in the calendar year
  2. AND more than 200 transactions in the calendar year

I found some more information here.

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