Njsurveyman Posted August 9, 2023 Report Share Posted August 9, 2023 (edited) The IRS is NOT YET delaying the $600 reporting limit again for 2023. Yahoo posted a fake news article stating the contrary. However, if any changes are made for the 2023 tax year, an official announcement probably won't be made until Dec. I would only trust info on the IRS website going forward. Edited August 25, 2023 by Njsurveyman Previous info was incorrect 2 Link to comment Share on other sites More sharing options...
ConnecticutMarc Posted August 9, 2023 Report Share Posted August 9, 2023 All the more reason to vote Republican on 11/5/2024. 3 2 Link to comment Share on other sites More sharing options...
Mommabear Posted August 9, 2023 Report Share Posted August 9, 2023 Thank you for the GOOD news NJ Thank Congress Republicans too 2 1 Link to comment Share on other sites More sharing options...
mnleona Posted August 12, 2023 Report Share Posted August 12, 2023 That is good news. 1 Link to comment Share on other sites More sharing options...
Njsurveyman Posted August 25, 2023 Author Report Share Posted August 25, 2023 UPDATE: There are now 2 threads on this because Survey Police initially rejected this post, so I created another one. However, Yahoo was mistaken and so far THERE IS NO DELAY FOR 2023 $600 paypal reporting threshold. Nothing on the IRS website indicates this either, but I wouldn't be surprised if some compromise is reached to raise the $600 reporting threshold by January. But as of now (Aug 2023), the $600 reporting rule is in effect for tax year 2023 unfortunately. 1 1 Link to comment Share on other sites More sharing options...
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