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 E Form 2011

E Form 2011

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Received via merchant card (credit and debit cards) and third party network payments. However, for 2011, the IRS has deferred the requirement to report these amounts. Therefore, enter zero on line 3a and report all gross receipts on line 3b, including any income reported to you on Form 1099-K, Merchant Card and Third Party Network Payments. See the instructions for lines 3a and 3b. Information reporting requirements. New lines A and B address your required filing of Forms 1099 in 2011. See the...
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