Who is Processing Strategies LLC and what is a 1099K?
I received a 1099K for the 2022 tax season from Worldpay with the legal business name Processing Strategies LLC, who is that? That is our legal business name and references the transactions processed through the Jupiter platform.
The amount displayed on your 1099K is the gross amount. This means total sales before processing and platform fees are taken out.
1099Ks are only sent to merchants that processed $20,000 or more through our system. If you believe you should have received one and did not please let us know at support@jupiterhq.com.
Not sure what we are talking about? Here's what a 1099K looks like for reference.
