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@TaxGuyBill wrote:

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@rbynaker wrote:

In my experience, the IRS does not know what to do with 1099-Ks. 

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Maybe that is why they keep extending the deadline for the $600 threshold (although I think you said your state already has that).  It isn't being extended for the issuers of the 1099-K or for the recipients, it is to give the IRS time to figure out what to do with them.  😂

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I don't disagree.  I haven't bothered to look to see by what authority they get to defy Congress on this, mostly because I think it's a good idea for them to do so.  I'm sure $600 made sense however many decades ago but it's too low of a bar today.