1099-K a tax form issued by payment processors (including TikTok Shop) reporting gross payment transactions to the IRS. Required when a seller receives $600+ in payments during a calendar year.
Dashboardly calculates 1099-K from your live TikTok Shop data — pulling actual orders, fees, refunds, and returns so the number you see matches your P&L.
Threshold: $600+ in annual payments triggers a 1099-K. This is GROSS payments, not profit.
N/A — 1099-K reports gross payments, not taxable income
TikTok's native reports use attributed metrics with click- and view-through windows. Dashboardly calculates 1099-K from actual order revenue, deducting refunds and returns for a truer number that matches your real P&L.
1099-K is a leading indicator — check it daily if you're running ads or running pricing experiments, weekly otherwise. Dashboardly tracks 1099-K automatically so you don't have to pull exports.
See how 1099-K works in practice in TikTok Shop accounting essentials.
A tax form issued by payment processors (including TikTok Shop) reporting gross payment transactions to the IRS. Required when a seller receives $600+ in payments during a calendar year.
TikTok Shop sends a 1099-K showing $45,000 in gross payments for the year
Threshold: $600+ in annual payments triggers a 1099-K. This is GROSS payments, not profit.
A tax form issued by payment processors (including TikTok Shop) reporting gross payment transactions to the IRS. Required when a seller receives $600+ in payments during a calendar year.
Dashboardly connects to your TikTok Shop and calculates this metric plus 30+ others per SKU. No spreadsheets. No manual math.
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