Does Payoneer send a 1099 form?
No, Payoneer does not send a 1099 form. The 1099 form is a series of documents the Internal Revenue Service (IRS) refers to as ‘information returns.’ There are a number of 1099 forms that report the various types of income people receive throughout the year other than the salary your employer pays you. However, Payoneer is an online money transfer and digital payment services platform, and it does not provide these forms. It’s important to note that as a Payoneer account holder, you’re responsible for any tax obligations in your country. Therefore, it’s recommended to consult with a tax advisor or the local tax authority for more information.