BobKamman
Level 15

Just because I live in his district doesn’t mean I have ever voted for him. But even a blind squirrel occasionally finds an acorn:

"An influential U.S. House committee this week endorsed a tax-relief package that included language by Rep. David Schweikert that would raise the Form 1099 reporting threshold from $600 to $5,000....According to Schweikert's office, the threshold has never been adjusted for inflation; $600 in 1954 when the rule was created would be worth over $6,700 in 2023. Schweikert's bill includes provisions that would adjust the threshold for inflation."

https://www.azcentral.com/story/news/politics/arizona/2023/06/16/schweikert-targets-form-1099-in-tax...

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