Armed Polite Society
Welcome,
Guest
. Please
login
or
register
.
Did you miss your
activation email
?
1 Hour
1 Day
1 Week
1 Month
Forever
Login with username, password and session length
News:
R.I.P. Scout26
Home
Help
Search
Login
Register
Armed Polite Society
»
Main Forums
»
The Roundtable
»
Use a payment app? Get ready for Form 1099-K.
« previous
next »
Print
Pages: [
1
]
Author
Topic: Use a payment app? Get ready for Form 1099-K. (Read 329 times)
Brad Johnson
friend
Senior Member
Posts: 18,093
Witty, charming, handsome, and completely insane.
Use a payment app? Get ready for Form 1099-K.
«
on:
January 04, 2022, 08:57:17 PM »
If you use a payment app for, well, just about anything, there's a new reporting rule. Anything over $600/yr in inbound transactions will now be reported as income on Form 1099-K.
https://youtu.be/asaJhr77BAM
Brad
Report to moderator
Logged
It's all about the pancakes, people.
"And he thought cops wouldn't chase... a STOLEN DONUT TRUCK?
That would be like Willie Nelson ignoring a pickup full of weed."
-HankB
HeroHog
Technical Site Pig
Administrator
Senior Member
Posts: 8,047
It can ALWAYS get worse!
Re: Use a payment app? Get ready for Form 1099-K.
«
Reply #1 on:
January 05, 2022, 12:00:09 AM »
This sucks a LOT for us...
Report to moderator
Logged
I might not last very long or be very effective but I'll be a real pain in the ass for a minute!
MOLON LABE!
Print
Pages: [
1
]
« previous
next »
Armed Polite Society
»
Main Forums
»
The Roundtable
»
Use a payment app? Get ready for Form 1099-K.