Does anyone know if we will still be receiving a 1099k form for the $600 threshold from poshmark and if we need to report it? Heard IRS is delaying until 2023?

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Does anyone know if we will still be receiving a 1099k form for the $600 threshold from poshmark and if we need to report it? Heard IRS is delaying until 2023?

It doesn't matter if you do or don't get a 1099 from anyone. You have to report all your income no matter how small. Even $1 of bank interest you don't get a 1099Int for.

Does anyone know if we will still be receiving a 1099k form for the $600 threshold from poshmark and if we need to report it? Heard IRS is delaying until 2023?

IRS agreed to go back to the old rules.

It is up to the Poshmark and each of the others to decide what they will do.

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