1099

  1. R

    Venmo 1099

    Hey all....this is not to be a holier than thou "I am above Venmo" thread. The IRS rules for 1099s are now in effect. Anything tagged goods and services in aggregate over $600 is now sent to the IRS as of Jan 1 2023. Friends and family transfers are not subject to the reporting....however...
  2. searcher

    IRS warns taxpayers about new $600 threshold for third-party payment reporting

    IRS warns taxpayers about new $600 threshold for third-party payment reporting Story by Kate Dore, CFP® • Yesterday 1:09 PM The IRS on Tuesday warned taxpayers about the new $600 threshold for receiving Form 1099-K for third-party payments. The change applies to payments from third-party...
  3. B

    IRS reporting for physcial PM transactions

    Long, but informative, article in coinweek covering when the government gets involved in your PM purchases and sales: http://www.coinweek.com/news/industry-insider-irs-reporting-rules-for-cash-transactions-and-precious-metals/ :cheers:
  4. Unobtanium

    IRS 1099 Gold Reporting - Private Gold? - Private Silver Bullion?

    The website provides a more enjoyable read: http://goldsilver.com/article/irs-1099-gold-reporting-private-gold-private-silver-bullion/
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