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2026 IRS 1099-K Rules: The $20,000 Threshold is Back! (How To Avoid Backup Withholdings)

BySW Accounting admin

  The New IRS 1099-K Reporting Threshold: What You Need to Know for 2026. Confused by the shifting 1099-K rules? We break down the OBBBA changes, the return of the $20,000 threshold, and how new backup withholding rules affect your taxes this year. If you’ve spent any time in the gig economy or running a…