If you’ve ever received payments through a payment processing, resale, or marketplace platform like PayPal, Stubhub, EBay, Cash App, Venmo, or Etsy, you may have received or at least heard about the IRS 1099-K form and its reporting requirement changes. A few years ago, Congress and the IRS made some big changes to how and when these forms are issued, but the implementation of these changes has been delayed (multiple times) – until now, that is. Whether you’re a freelancer, small business owner, or just someone selling a few things online – these rules could impact you. So, I wanted
The post About that 1099-K. New 1099-K Form Threshold Details appeared first on 20somethingfinance.com.