IR-2023-236, Dec. 12, 2023 WASHINGTON — The Internal Revenue Service will hold a free webinar, designed primarily for tax professionals whose clients receive income typically reported to them on Form 1099-K, including those who often use popular payment apps and online marketplaces. The webinar will take place on Thursday, Dec. 14 at 2 p.m. ET. It will reflect last month's announcement that in general, prior-law reporting requirements for Form 1099-K will remain in effect for 2023 and that the IRS is planning for a $5,000-reporting threshold in 2024. Among other things, the webinar will also cover: friends and family transactions how to report 1099-K amounts on a 2023 return what to do if a 1099-K is incorrect recordkeeping IRS resources The webinar will include a live question and answer session. Though primarily aimed at tax professionals, anyone is welcome to attend. To register for the webinar, visit Form 1099-K Third party payment network transactions (card and electronic payments).
