IRS Announces Delay in 1099-K Reporting for 2023

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W1RC

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IRS Announces Delay in 1099-K Reporting for 2023

« on: November 23, 2023, 01:22:50 AM »

Some good news, at least for this year.

https://blog.turbotax.intuit.com/self-employed/1099k-venmo-paypal-payments-52058/?cid=soc_all_p_news_20231121_static_1099KUpdate_all&fbclid=IwAR0B3MDMa2vroR1HvBCRWjiWjYlFB-lpTXGrSmUAQ-r3f47BI8sppA8GLtM_aem_Ac-VxA8bPIBOvzCIqgVHi2O7yKlOmX1bvO8IUKF-WjZzDWs3HqupsID1k-ywvHBvAGnuNtGvDa3pX1p5wLbnXHE5

https://www.irs.gov/newsroom/irs-announces-delay-in-form-1099-k-reporting-threshold-for-third-party-platform-payments-in-2023-plans-for-a-threshold-of-5000-for-2024-to-phase-in-implementation

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