Delayed by one year. This means if you get paid via Paypal, Zelle, Venmo, etc., over $600 in 2023, it's 1099-K time. So those daredevils who got paid <20K or 200 transactions this year got lucky.
WSJ News Exclusive | IRS Delays Gig-Tax Filing Rule for Side Hustles of More Than $600
The Internal Revenue Service gives millions of Americans a one-year reprieve on new 1099-K tax-reporting requirements, offering relief to users of e-commerce platforms such as eBay, Etsy and Airbnb.
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