- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Thanks for the advice. I incorrectly assumed I would not owe taxes if I did not meet the previous higher threshold of $20,000.
Regarding this: "For taxpayers who may have already received a 1099-K as a result of the statutory changes, the IRS is working rapidly to provide instructions and clarity so that taxpayers understand what to do." They must not be working too rapidly "to provide instructions and clarity so that taxpayers understand what to do". I'm guessing there are literally thousands of people who sold a couple of tickets and that do not understand what to do with this 1099-K. Many may end up paying taxes on the full amount. Just another tax related Fustercluck.
‎February 10, 2023
5:23 AM