ilmscore | Prediction Details
"So, if they're not required to send you a 1099K, then most likely they're not going to they're not going to send you one in order to save money."
By ClearValue Tax | November 5, 2025 | Incorrect
From video
IRS $600 Tax Rule for 2025 Changed (Venmo - Cash App - PayPal) 00:07:47 - 00:07:53
Interpreted Prediction
Payment platforms are unlikely to voluntarily issue 1099K forms to save on processing costs.
AI Evaluation Notes
Payment platforms were required to send 1099-K forms for transactions exceeding $20,000 in gross payments and more than 200 transactions, and the IRS delayed the new $600 threshold multiple times. Payment platforms, such as Paypal, Block, and Stripe, continued to send 1099-K forms.

Prediction Details

Topic
Platform 1099K Issuance

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