Third-party settlement organizations were not required to report tax year 2022 transactions on Form 1099-K to the IRS or the payee for the lower $600 threshold amount—the existing $20,000/200 ...

So the reporting requirement was going to go, if you had over $600 in third-party provider transactions, you would get a form 1099-K. But that delay made it so you will not get one unless you have ...

M illions of Americans receive 1099-Ks from third-party payment platforms like PayPal, Venmo, Stripe, and more every year. But for the 2025 tax year, that number is expected to soar.

The IRS again delayed the effective date of the $600 threshold for Form 1099-K reporting for third-party settlement organizations (TPSOs) and will treat 2024 and 2025 as transition years, the Service ...

Third-party payment services send this form to taxpayers who cross the reporting threshold and a copy goes to the IRS, as well. Will I get a 1099-K if my friend pays me back for a vacation on Venmo?

If you own one of the recently created spot bitcoin exchange-traded funds, there will also be third-party reporting this year. The ETF provider will issue you either a 1099-B or a 1099-DA, Dean said.

Millions of Americans receive 1099-Ks from third-party payment platforms like PayPal, Venmo, Stripe, and more every year.But for the 2025 tax year, that number is expected to soar.

If you own one of the recently created spot bitcoin exchange-traded funds, there will also be third-party reporting this year. The ETF provider will issue you either a 1099-B or a 1099-DA, Dean said.