We are writing to inform you that we have mailed 1099-K tax forms for 2023 to the business unit address(es) on file. Electronic versions of the 1099-K tax forms for 2023 are now available in the ModMed® Pay Dashboard.
Business units that have processed over the IRS or state thresholds will receive a paper-mailed copy and will be able to access the 1099-K tax form online.
Business units that have not met the IRS threshold will not receive any paper mail communication, and when attempting to view the 1099-K tax form from the ModMed Pay Dashboard will be presented with an eligibility notice.
We will submit 1099-K tax forms to the IRS in March 2024. Practices have until Friday, March 1, 2024, to raise any issues, discrepancies, or questions with us concerning the 1099-K data, prior to this IRS submission.
If you have any questions or to raise a discrepancy that you wish to be investigated, please contact our Support Team.