IRS rule on reporting payments from apps, online sales in 2023 DELAYED!!

Miche
4 min readNov 22, 2023

Payment platforms, like Venmo and CashApp, and online marketplaces, like Esty and Fiverr, were supposed start reporting payments to the IRS for users who sold over $600 in goods and services during 2023.

That income was to be reported on a Form 1099-K. And, it would have meant many creators would several additional tax forms for transactions…

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