Mercury Statements for 1099 Reporting
Preparing Mercury bank statements for 1099 reporting? Businesses issuing 1099s need to verify contractor payments against bank statements. Manually cross-referencing PDFs with payment records is time-consuming and error-prone.
Convert Mercury Statements Instantly
BankScan AI converts your Mercury statement PDF to a clean Excel spreadsheet in seconds — handling MM/DD/YYYY and modern fintech format with Date, Description, Amount, and Balance columns, plus detailed wire transfer and ACH originator information automatically. Convert bank statements to Excel to quickly filter and identify all contractor payments, verify 1099 amounts, and ensure IRS compliance before January filing deadlines.
About Mercury Statement Format
Mercury's fintech banking statements are popular with startups and tech companies. BankScan AI handles Mercury's wire-heavy, API-friendly transaction format.
Getting Your Mercury Statement for 1099 Reporting
In Mercury's dashboard, go to 'Accounts', select the account, click 'Statements', and download as PDF. For CSV exports, use the 'Export' button on the transactions page. Mercury also offers API access for programmatic statement generation. Download Full calendar year (January 1 to December 31), as 1099-NEC and 1099-MISC are reported on a calendar year basis of statements.
How It Works
Upload your Mercury statement
Drop your Mercury (startup banking) statement PDF. Supports PDF, CSV. Need Full calendar year (January 1 to December 31), as 1099-NEC and 1099-MISC are reported on a calendar year basis? Upload them all.
AI extracts every transaction
Our AI handles Mercury's MM/DD/YYYY and modern fintech format with Date, Description, Amount, and Balance columns, plus detailed wire transfer and ACH originator information — extracting Payments to each contractor by name and TIN, total annual am.
Use for 1099 reporting
Download formatted Excel ready for 1099 reporting. Payments grouped by contractor/payee with annual totals, cross-referenced against W-9 information on file; separate identification of credit card payments (reported by payment processor, not payer)
Mercury + 1099 Reporting Features
- Mercury optimised — Handles MM/DD/YYYY dates and modern fintech format with Date, Description, Amount, and Balance columns, plus detailed wire transfer and ACH originator information
- Built for 1099 reporting — Convert bank statements to Excel to quickly filter and identify all contractor payments, verify 1099 amounts, and ensure IRS compliance before January filing deadlines.
- Period coverage — Convert Full calendar year (January 1 to December 31), as 1099-NEC and 1099-MISC are reported on a calendar year basis of Mercury statements in minutes
Convert Mercury for 1099 Reporting — Fast
1099-NEC due to contractors and IRS by January 31; late filing penalties range from $60 to $310 per form depending on how late, up to $630 for intentional disregard
Convert Mercury Statement Free