Author Topic: IRS Delays Tax Changes for PayPal, eBay Managed Payments Users  (Read 139 times)

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Offline W1RC

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IRS Delays Tax Changes for PayPal, eBay Managed Payments Users
« on: December 26, 2022, 02:35:48 AM »
Yay!!!!! Temporary reprieve from the 1099 craziness?.

https://www.nytimes.com/2022/12/23/business/irs-venmo-digital-wallets.html

If the above article hits a paywall, try here?
https://www.kiplinger.com/taxes/irs-form-1099-k-600-dollar-reporting-threshold

Hopefully they will use the extra time to implement the new requirements to spare the luttke guy selling off their own property from all the paperwork and revordkeeping this would entail.