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Are there other factors that determine when a Form 1099-K is issued besides income amount?
Can you please confirm the income threshold amount in which a Form 1099-K is required to be issued... is it $600 and above? Also, are there other factors that would require the Form to be issued (ex: doing a certain number of transactions for the year)? In other words, is it possible to still receive this Form without meeting the income threshold based on other determining factors? Thank you!
‎August 31, 2022
9:58 AM