Practitioner FAQs: I'm a practitioner. Will I be sent a 1099-K?
We're required to issue Form 1099-K (in 2023) if you satisfy the following eligibility criteria:
- You had $600.00 USD or more in sales (i.e., gross payments) during the calendar year.
Only dispensaries that have satisfied their state's eligibility thresholds will be issued a 1099-K. You will receive a physical copy in the mail, sent to the financial address on your account. This address, specifically the state, is used to determine your eligibility.
Tip! You can edit this address in your account from the Payouts and tax page at any time.