The Merchant Tax (1099K) report includes the following data:
Bank Number(s)
The number that identifies the bank.
Fed Tax ID
The nine-digit federal tax identification number for a merchant or authorized signer.
Merchant ID
A number assigned by TSYS that identifies the merchant.
DBA Name
The merchant DBA (Doing Business As) name.
Assoc ID
The six-digit number that indicates the association to which a merchant belongs.
Business Type
The merchant's business classification code.
Status Code
The one-character code that identifies the status of the merchant. A blank indicates the account is open or active. Other possible values include, but are not limited to, the following:
- C: Closed
- D: Deleted
- S: Suspicious
YTD Amt of Sales
The year-to-date amount of sales for the merchant. Each entry in this column is hyperlink which you can click to drill down to the plan level IRS detail report for the selected merchant volume.
IRS 1099-K
Indicates whether (Y) or not (N) the merchant is flagged for Tax Reporting and 1099-K Form generation purposes.
1099K Copy
This indicates the format of the copy of the 1099K report that the merchant will receive. Possible values are:
- N: None
- P: Paper
- E: Electronic
- B: Both paper and electronic
IRS Name, IRS Address 1, etc.
The merchant's name and address details according to the IRS Usage Data Code assigned to the merchant.
Closed Date
The date the merchant account was closed.
Last Deposit Date
The date on which the most recent merchant deposit occurred.
