TaxGuyBill
Level 15

@rbynaker wrote:

In my experience, the IRS does not know what to do with 1099-Ks. 


 

Maybe that is why they keep extending the deadline for the $600 threshold (although I think you said your state already has that).  It isn't being extended for the issuers of the 1099-K or for the recipients, it is to give the IRS time to figure out what to do with them.  😂