Georgia Institute Of Technology

• SHEET 2023

• 1099-K Update: Freelancers May Not Get This Tax Form From PayPal, Cash App or Venmo Here's how this recent change will impact your 2022 tax return.   >  Courtney Johnston Jan. 3, 2023 9:30 a.m. PT 5 min read Your guide to a better future This study source was downloaded by 100000861003072 from CourseHero.com on 08-16-2023 15:07:30 GMT -05:00 https://www.coursehero.com/file/186582427/1099-K-Update-Freelancers-May-Not-Get-This-Tax-Form-From-PayPal-Cash-App-or-Venmopdf/ If you had a side hustle or were self-employed in 2022, and you made money through digital apps like PayPal, Cash App, Zelle or Venmo, you may be expecting a 10993K. Third-party payment processors were scheduled to report any earnings to the IRS and individuals through this tax form. However, with confusion and concerns circulating around this reporting change, the IRS has temporarily postponed rolling out this tax regulation. Don't expect a 10993K in January unless you earned over $20,000 in freelance income across 200 third-party payment app transactions. Zooey Liao/CNET This story is part of T"xes 2022, CNET's coverage of the best tax software and everything else you need to get your return filed quickly, accurately and ontime. This study source was downloaded by 100000861003072 from CourseHero.com on 08-16-2023 15:07:30 GMT -05:00 https://www.coursehero.com/file/186582427/1099-K-Update-Freelancers-May-Not-Get-This-Tax-Form-From-PayPal-Cash-App-o