GOP megabill looks set to end the $600 tax-reporting rule for Venmo, PayPal payments

The version of the Republican megabill passed by the House last month includes a provision that ends an effort to get 1099-K tax forms out to workers or sellers who have earned more than $600 a year.

Jun 15, 2025 - 18:12
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GOP megabill looks set to end the $600 tax-reporting rule for Venmo, PayPal payments
The version of the Republican megabill passed by the House last month includes a provision that ends an effort to get 1099-K tax forms out to workers or sellers who have earned more than $600 a year.