turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

What do i do if i didnt get a 1099-k

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
TomK2023
Expert Alumni

What do i do if i didnt get a 1099-k

Why are you expecting a 1099-K?  

 

The IRS Form 1099-K is a form issued by third-party payment processors to their users who receive payments. Examples include:

  1. Peer-to-peer payment platforms like PayPal and Venmo
  2. Online marketplaces like eBay and Facebook Marketplace
  3. Real estate marketplaces like AirBnB and VRBO
  4. Automobile crowdsourcing platforms like Uber and Turo
  5. Ticket resale exchanges like StubHub and SeatGeek, and more

The IRS planned to implement changes to the 1099-K reporting requirement for the 2023 tax year. However, the IRS recently delayed the implementation of the new $600 reporting threshold for transactions from third party processors like Venmo and Paypal, reverting tax year 2023 back to the previously higher 1099-K reporting threshold (over $20,000 in payments and more than 200 transactions).

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question