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2. IRS ditches new tax requirement for now that would have ... - AOL

   www.aol.com/finance/irs-ditches-tax-requirement...

   The IRS is delaying the new $600 reporting threshold for 1099-K tax forms. ... 2022 at 11:05 AM ... required third-party transaction networks such as Venmo, Paypal, eBay, and Etsy to issue a 1099 ...

3. New Tax Rule: Ensure Your Venmo Transactions Aren’t ... - AOL

   www.aol.com/tax-rule-ensure-venmo-transactions...

   The U.S. government passed legislation for 2022 as part of the American Rescue Plan Act that forces online payment platforms like Venmo, ... of $600 or more to the IRS through a 1099-K ...

4. Used PayPal or Venmo? You Could Owe Taxes - AOL

   www.aol.com/finance/used-paypal-venmo-look-irs...

   If you use PayPal, Venmo and other third-party payment networks, then you might get a 1099-K form from the IRS. This form reports transactions from third-party payment networks. And depending on ...

5. IRS delays 1099-K rules for ticket sales, announces new ... - AOL

   www.aol.com/irs-delays-1099-k-rules-180002651.html

   The IRS again delays law that would have required Ticketmaster, Venmo, and others to issue 1099-Ks to those with more than $600 in revenue in 2023. ... up 175% from 16 million in 2022, according ...

6. Heads up if you’re a freelancer or small business owner: The ...

   www.aol.com/heads-freelancer-small-business...

   Even at the $5,000 level, companies are expecting to issue 150% more 1099-K forms than has been typical, said Wendy Walker, a vice president of regulatory affairs at Sovos, a business compliance ...

7. Don’t File Your Taxes Early Says IRS, Wait for Form 1099-K

   www.aol.com/don-t-file-taxes-early-000014998.html

   For 2022, anyone who earned just $600 in aggregate through a third-party payment network will receive a 1099-K form. The old threshold, prior to 2022, was more than $20,000 in income over 200 or ...