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IRS Newswire March 22, 2023

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Issue Number:? ? IR-2023-53

Inside This Issue

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*IRS updates frequently asked question about Form 1099-K*

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IR-2023-53, March 22, 2023

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WASHINGTON ? The Internal Revenue Service today updated frequently asked questions (FAQs) for Form 1099-K, Payment Card and Third-Party Network Transactions, in Fact Sheet FS-2023-06 [ [link removed] ]. The updates are:

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* General section: Question 3 is updated
* Individuals section: Questions 6 and 7 added
* Filing Form 1099-K section: Question 5 updated

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More information about reliance is available [ [link removed] ].

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IRS-FAQ [ [link removed] ]

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