 Re: Will Banks Have To Report All Transactions Over $600 to IRS Under Biden Plan
Quote:
Originally Posted by phaz0rz  Ah so there's some hope. It doesn't matter.. it will go through. If they've already changed the 1099k reporting threshold then this is the next logical step, so they can catch those receiving money by means other than CC processors. | if you do some freelancing work for someone,he could give you a 1099 ,then you deposit into your bank account ,if this is $600 or more,i will be included in bank 1099>isnt that double counting?
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