Hi celeste567,
I think you are referring to the American Rescue Plan Act of 2021 that modifies the reporting threshold for Form 1099-K Payment Card and Third Party Network Transactions. Starting 1/1/2022, a third party payment network will issue a form 1099-K for $600 or more in aggregate payments to IRS.
To report ALL business income (regardless 1099-NEC, 1099-Misc, 1099-K, cash, checks, various apps), you already reported business gross revenue from Venmo. With a 1099-K to IRS, you would still report the same amount.
For tax year 2022, it is recommended for you to separate the Venmo total receipts into business and personal portions to verify the the upcoming 1099-K, and to support your business gross income reporting.
I hope this helps. Thank you.
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