Third-party settlement organizations are not required to file Forms 1099-K The Internal Revenue Service today issued frequently asked questions in Fact Sheet 2025-08 regarding the dollar threshold for filing Form 1099-K under the One, Big, Beautiful Bill. The OBBB retroactively reinstated the reporting threshold in effect before the passage of the American Rescue Plan Act of 2021 … Continue reading IRS issues FAQs on Form 1099-K threshold under the One, Big, Beautiful Bill; dollar limit reverts to $20,000