https://www.irs.gov/newsroom/irs-announces-delay-in-form-1099-k-reporting-threshold-for-third-party-...
yep....
https://proconnect.intuit.com/community/tax-talk/discussion/delay-in-new-1099k-reporting-and-new-thr...
I was a little late to the party!!
Has anybody heard about this yet? 😜
IRS announces delay in Form 1099-K reporting threshold for third party platform payments in 2023; pl...
LOL.... 'party' ???????
IRS sent it out a while ago; Spidell 'just' sent a flash email on it 😉
Yeah, but unfortunately this one came out 3 years ago and is still in place:
https://www.tax.virginia.gov/sites/default/files/inline-files/tb-20-10-virginia-1099-k-filing-requir...
TLDR: A $600 threshold has been in place since 2020 for anyone with a VA address.
Rick, that's a bummer.
I'll send YOU any VA returns that cross my desk 😉
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