ilmscore | Prediction Details
"So, we're going to get more clarity from the IRS soon. And once the IRS updates their guidance, you know, because of the OBB, I'll give you an update as quickly as possible."
By ClearValue Tax | November 5, 2025 | Correct
From video
IRS $600 Tax Rule for 2025 Changed (Venmo - Cash App - PayPal) 00:04:53 - 00:05:01
Interpreted Prediction
The IRS will soon issue updated guidance regarding 1099K reporting requirements following the OBB legislation.
AI Evaluation Notes
The IRS has issued several notices and updates regarding the 1099-K reporting threshold and delayed implementation, but full clarity is still evolving as of January 2026. Therefore, the prediction that more guidance would be issued is somewhat accurate, as updates have been provided, though the situation is still developing.

Prediction Details

Topic
IRS 1099K Reporting Guidance

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