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The IRS officially extended the deadline for the change in thresholds for 1099 filings again. For 2023, the IRS will only require a 1099-K to be filed if you have over 200 transactions and $20,000 in gross revenue. A few states have lower thresholds - it appears this will only affect residents of Virginia, Arkansas, Massachusetts, Missouri, New Jersey, and Wisconsin. Some states are still finalizing their requirements. If you have any other questions regarding 1099K status, please feel free to reach out to us at support@redweek.com!