Regardless of the new tax code for 2022 you were and are still required to report hobby income on your federal tax return as ordinary income and cannot claim any hobby expenses as a deduction, whether or not you receive a Form 1099-K.
The removal of hobby expenses as a deduction on the federal return were due to the tax code changes in effect for tax years 2018 thru 2025.
Payment processors are required to issue a Form 1099-K for all payments of $600 or more starting in tax year 2022.
