Category: taxes
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IRS Announces Delay On New $600 Form 1099-K Rule (2023, 2024, 2025, 2026 Details)
Written by Chuck @ Doctor Of Credit Update 12/4/24: The IRS recently released updated guidance indicating $2,500 as the 2025 threshold and $600 as the 2026 threshold. Updated below. Original Post 11/21/23: The IRS has announced a delay on implementation of the law requiring payment processing companies like Paypal report payments of $600+. The bureau will…