1099-K: back to $20,000 and more than 200 transactions
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1099-K: back to $20,000 and more than 200 transactions
The One, Big, Beautiful Bill retroactively restored the pre-2021 rule: payment apps and marketplaces must send a 1099-K only if your payments for goods or services total over $20,000 in more than 200 transactions. They may still send one for less, and the IRS says you must report all income either way. General information, not tax advice: check with a tax pro.
Your net on a $10 / $25 / $50 sale: n/a / n/a / n/a
A reporting rule, not a fee. Keep your own records of sales, fees and costs regardless of the form.
Source: IRS IR-2025-107 (Fact Sheet 2025-08) · verified
Cite this
The Reseller Index change tracker, "1099-K: back to $20,000 and more than 200 transactions," https://resellerindex.com/changes/irs/2025-10-23-irs-1099k-20000-threshold/, verified Oct 14, 2026. Free to reuse with a link (CC BY 4.0).
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