Originally Posted by
jazzmailman
Hi folks,
so I went on a bit of a crazy Amazon Payment accounts creation frenzy (to meet 35k spending after the death of VR and Serve), so I just want to double check a few things (I have found a few answers in this thread, but it's good to double check for this kind of things):
1) I will only receive a 1099K form if i "transfer" more than 20k AND more than 200 transactions, right?
2) Does the 200 transactions limit include both "send" and "receive"? Or just "send"? Is the 200 transaction product specific? (Like 200 for Amazon and 200 for Serve)
3) I'm also using Serve for MS purposes ($1500/month CC and $1000/month Debit), is that 20k limit product specific? (Like 20k for Amazon and 20k for Serve)
4) I have many accounts under my SSN, so I am assuming that all my Amazon Accounts will be tracked under my SSN for tax purposes, and not just one account each right? (so that'd be 12k maximum per account per year and never reach 20k anyway)
Thanks!
What does serve have to do with AP?