1099-K $600 Requirement for 2023 Update! IRS Is Pushing It Off AGAIN!

Tax Relief with Logan Allec, CPA
23/11/2023 4 min
1099-K $600 Requirement for 2023 Update! IRS Is Pushing It Off AGAIN!

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Episode Synopsis

Just TODAY (November 21, 2023), the IRS made a HUGE 1099-K announcement about the IRS $600 threshold! It is pushing off the changes to the reporting requirements for another YEAR! That's right, the new IRS $600 tax rule for Venmo & Cash App & PayPal that we thought was going to start in 2023 has now been pushed off for another year! More updates in the episode!

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