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January 31, 2025
Question

If I received only a little more than $1,000 through Venmo do I need a 1099-k?

  • January 31, 2025
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    1 reply

    January 31, 2025

    No, the Form 1099-K need only be issued in 2024 when the amount you received is over $5,000. You do need to report the $1,000 as business income however if that is what is represents.

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