reporting threshold | PSA CPA

Changes in the 1099-K Reporting Threshold

Changes in the 1099-K Reporting Threshold

by PSA CPA | Mar 1, 2023 | 3 comments

On December 23, 2022, the IRS stated that it would postpone the $600 reporting requirement for Form 1099-K that was scheduled to take effect during the 2022 tax year. Instead, these obligations have been delayed by one year to give people more time to prepare. Form...

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Tyler King on Understanding the Taxation of Social Security BenefitsJune 11, 2025
It’s interesting to see how Social Security benefits are taxed differently depending on income and location. I didn’t realize only…
Jimmy on Understanding the Taxation of Social Security BenefitsJune 8, 2025
This is a well-explained overview of how Social Security benefits are taxed. It’s surprising that only a few states tax…
Larry on Understanding the Taxation of Social Security BenefitsJune 6, 2025
It’s interesting to learn how Social Security benefits can be taxed based on income levels. I didn’t realize that only…
George on Understanding the Taxation of Social Security BenefitsJune 4, 2025
This is a well-explained overview of how Social Security benefits are taxed. It’s surprising that only a few states tax…
Zach on Common Tax Write-Offs and How to Claim ThemJune 2, 2025
This is super helpful for tax season planning!

3 responses to “Changes in the 1099-K Reporting Threshold”

Jorge

June 17, 2024

Could you explain tax implications of investments?
Risa

June 17, 2024

Thanks for simplifying tax amendments!
Johnny

June 24, 2024

Your blog is a goldmine of tax advice