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Hagerty, Manchin Propose $10,000 Threshold for Venmo, PayPal Tax Reporting Change — Up From $600

Sens. Bill Hagerty and Joe Manchin will propose an amendment to the spending package to increase the threshold for Form 1099-K from $600 to $10,000.

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Tax Pros 'Expecting the Worst' With Venmo, PayPal Tax Reporting Change. How to Handle a 1099-K for Personal Payments – NBC10 Philadelphia

While the 1099-K tax reporting change applies to business payments, it’s possible you’ll receive one for personal transfers. Here’s how to handle it.

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Tax Pros 'Expecting the Worst' With Venmo, PayPal Tax Reporting Change. How to Handle a 1099-K for Personal Payments – NBC Los Angeles

While the 1099-K tax reporting change applies to business payments, it’s possible you’ll receive one for personal transfers. Here’s how to handle it.

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Tax Pros 'Expecting the Worst' With Venmo, PayPal Tax Reporting Change. How to Handle a 1099-K for Personal Payments – NBC Chicago

While the 1099-K tax reporting change applies to business payments, it’s possible you’ll receive one for personal transfers. Here’s how to handle it.

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Tax Pros 'Expecting the Worst' With Venmo, PayPal Tax Reporting Change. How to Handle a 1099-K for Personal Payments – NBC Connecticut

While the 1099-K tax reporting change applies to business payments, it’s possible you’ll receive one for personal transfers. Here’s how to handle it.

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