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Author Topic: Use a payment app? Get ready for Form 1099-K.  (Read 319 times)

Brad Johnson

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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
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HeroHog

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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...  [tinfoil] :old:
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