Revolut Statements for 1099 Reporting
Preparing Revolut 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 Revolut Statements Instantly
BankScan AI converts your Revolut statement PDF to a clean Excel spreadsheet in seconds — handling DD MMM YYYY and single Amount column with currency code prefix, exchange rate details, and running balance per currency 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 Revolut Statement Format
Revolut statements include multi-currency transactions. BankScan AI preserves the original currency and exchange rate columns.
Getting Your Revolut Statement for 1099 Reporting
In the Revolut app, tap 'Statements' from your account screen, select the month and currency, then choose PDF or CSV format. For multi-currency accounts, you need to download statements per currency individually. 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 Revolut statement
Drop your Revolut 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 Revolut's DD MMM YYYY and single Amount column with currency code prefix, exchange rate details, and running balance per currency — 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)
Revolut + 1099 Reporting Features
- Revolut optimised — Handles DD MMM YYYY dates and single Amount column with currency code prefix, exchange rate details, and running balance per currency
- 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 Revolut statements in minutes
Convert Revolut 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 Revolut Statement Free