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1099-K threshold of $600 delayed again! Does this mean you don't have to pay tax on your income?

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Not Your Dads CPA

If you have been following the 1099K threshold news over the past few years, you just might have a headache by now. The update is that the planned threshold of $600 has been delayed again. Here's what that means for you and what is planned for 2024.

Will personal transactions be taxed?    • 1099K $600 threshold DELAY: Will per...  

No more flying under the radar:    • New 1099K thresholds! The IRS will no...  

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posted by corjonscx