If you are a business and process/accept credit card payments over the Internet, you may also have to deal with reporting any 1099-K forms that you receive from credit card or third party processors. Accounting for these forms accurately is important to ensure that you do not pay too much or too little tax on your money.
Report 1099-K Income
You should get a 1099-K by the end of January 2014 if in 2013 you received payments from:
-payment card transactions (e.g., debit or credit cards)