1099-K reporting requirement threshold lowering being pushed off until 2023

[AsherO]

https://thehill.com/policy/finance/3787424-irs-delays-new-tax-reporting-requirement-for-venmo-cash-app-users/

This likely warrants a thread of its own though I thought I saw one I can’t find it.

@DaasTora asked about this in the PayPal Master Thread

[yelped]

https://thehill.com/policy/finance/3787424-irs-delays-new-tax-reporting-requirement-for-venmo-cash-app-users/

This likely warrants a thread of its own though I thought I saw one I can’t find it.

@DaasTora asked about this in the PayPal Master Thread

Will PayPal etc still send one already this year if they have the infrastructure set up for it?


Hopefully Congress (the opposite of Progress) will pass the law amending this to $10k. This was a stupid idea in the first place.

[AsherO]

Will PayPal etc still send one already this year if they have the infrastructure set up for it?


Hopefully Congress (the opposite of Progress) will pass the law amending this to $10k. This was a stupid idea in the first place.

Unlikely PayPal will, as it will only cost them more headaches.