ilmscore | IRS 1099K Reporting Threshold Predictions
IRS

IRS 1099K Reporting Threshold

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Recent Predictions

Total: 3
Correct: 1
Incorrect: 2
Pending: 0
Unrated: 0
Prediction
Author
Predicted at
Status
Video
The $600 IRS 1099K reporting threshold is no longer in effect.
"So, the $600 rule is gone."
ClearValue Tax ClearValue Tax
Nov 5, 2025
Correct
IRS $600 Tax Rule fo...
The One Big Beautiful Bill (OBB) overrides the long-term plan to implement a $600 IRS 1099K reporting threshold.
"But the OBB overrides that long-term $600 plan."
ClearValue Tax ClearValue Tax
Nov 5, 2025
Incorrect
IRS $600 Tax Rule fo...
The IRS 1099K reporting threshold will revert to $20,000 and 200 transactions.
"So, we're talking about you have to receive $20,000 in payments and more than 200 transactions. So y..."
ClearValue Tax ClearValue Tax
Nov 5, 2025
Incorrect
IRS $600 Tax Rule fo...