📣 Huge IRS update! Third-party platforms like Poshmark, Venmo, and Ticketmaster may not have to report payments they process that exceed $600 this year. Which means you may not receive the Form 1099-K you were expecting. Keep in mind that for the upcoming tax season (the taxes you file in 2024), the reporting threshold of over $20,000 and over 200 transactions still applies. Keep your eyes peeled for updates in 2024 👀 Head to the 🔗 in bio for more details. Follow turbotax for help navigating the changing 1099-K landscape. #1099k #taxes #taxnews #1099 #selfemployed #selfemployedtaxes