$600 1099-K Threshold FAQs (2/3)

Jul 12, 2022 By Nielsen Law Group In Blog, Taxation No Comment Tags : , ,

Here is an answer to another one of the most common questions about this new over $600 1099-K rule.

When will I receive a 1099-K form if my payments exceed the threshold?

Third-party payment processors must file 1099-K forms to report 2022 payments by January 31, 2023. Therefore, you should receive the form in late January or early February.