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Big Beautiful Bill rolls back 1099K amounts to previous limits

Comments

  • derrybderryb Posts: 37,703 ✭✭✭✭✭

    Previous discussion on the US Coin Forum

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • taxmadtaxmad Posts: 1,029 ✭✭✭✭

    I do wish they would raise the 1099 limit. $1200 creates too many forms that yield too little tax.

  • derrybderryb Posts: 37,703 ✭✭✭✭✭
    edited August 7, 2025 8:03PM

    @taxmad said:
    I do wish they would raise the 1099 limit. $1200 creates too many forms that yield too little tax.

    which 1099 are you referring to? There are at least 11 of them.

    No Way Out: Stimulus and Money Printing Are the Only Path Left

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