TaxGuyBill
Level 15
02-21-2024
05:12 PM
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@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. 😂