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Level 2
Dec 22, 2022 1:46 PM UTC
Question

1099k

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    2 replies

    Critter-3
    Level 15
    Dec 26, 2022 3:55 AM UTC

    Late breaking news – on 12/23/22 the IRS announced a one year delay on the implementation of the new 1099-K reporting requirements until 2023. For 2022 the old rules will still apply.

     

     https://www.irs.gov/newsroom/irs-announces-delay-for-implementation-of-600-reporting-threshold-for-third-party-payment-platforms-forms-1099-k