IR-2023-53, March 22, 2023 WASHINGTON — The Internal Revenue Service today revised frequently asked questions (FAQs) for Form 1099-K, Payment Card and Third Party Network Transactions, in Fact Sheet FS-2023-06 PDF. The updates are: General section: Question 3 updated Individuals section: Questions 6 and 7 added Filing Form 1099-K section: Question 5 updated More information about reliance is available. IRS-FAQ