Form 1099-K Delay for Third-Party Payment Platforms

The implementation of the $600 reporting threshold for third-party payment platforms’ Form 1099-K has been delayed.

Third-party settlement organizations will now not be required to report their transactions for 2022 on this form to the IRS or the payee.

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Form 1099-K Implementation Delay

Form 1099-K Frequently Asked Questions

Source: Internal Revenue Service