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IRS Delays Implementation of Lower Threshold for 1099-K Reporting

November 21, 2023
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IRS Delays Implementation of Lower Threshold for 1099-K Reporting

November 21, 2023
The Internal Revenue Service (IRS) has delayed the implementation of the new $600 Form 1099-K reporting threshold for third party settlement organizations (TPSOs), which include payment apps and online marketplaces, for the calendar year 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe […]