Coverage dated November 20, 2023 to November 21, 2023

IRS delays $600 payment reporting rule for Venmo, Cash App and other payment apps

Headline from Fox32 Chicago

The IRS announced on Tuesday that it will delay implementing its $600 tax reporting requirement that was to take effect for the 2023 tax filing season.

Fox32 Chicago's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

29 articles, oldest first.

  1. FOX Business

    IRS delays tax-reporting rule on Venmo, PayPal payments over $600 (opens FOX Business)

    Published

    FOX Business's feed description

    A controversial new tax-reporting policy involving payments over $600 on e-commerce platforms like eBay and Etsy will be delayed by one year, the IRS said.

  2. NBC 5 Dallas-Fort Worth

    IRS delays tax reporting rule for users of payment apps like Venmo, Cash App. Here’s what we know (opens NBC 5 Dallas-Fort Worth)

    Published

    NBC 5 Dallas-Fort Worth's feed description

    Users of Venmo, Cash App and other payment apps will get a tax reprieve this year. The IRS announced Tuesday it will delay implementing new reporting requirements that were to take effect for the coming tax filing season.

  3. Washington Post

    IRS delays controversial new rule on tax reporting for apps like Venmo (opens Washington Post)

    Published

    Washington Post's feed description

    People who received smaller amounts of money on platforms such as CashApp, Airbnb and Uber won’t have to worry about new tax reporting rules in 2024.

  4. Honolulu Star-Advertiser

    IRS delays reporting rules for users of Venmo, Cash App (opens Honolulu Star-Advertiser)

    Published

    Honolulu Star-Advertiser's feed description

    WASHINGTON >> Users of Venmo, Cash App and other payment apps will get a tax reprieve this year. The IRS announced today it will delay implementing new reporting requirements that were to take effect for the upcoming tax filing season.

  5. The Republic

    IRS delays reporting rules for users of Venmo, Cash App and other payment apps (opens The Republic)

    Published

    The Republic's feed description

    WASHINGTON (AP) — Users of Venmo, Cash App and other payment apps will get a tax reprieve this year. The IRS announced Tuesday it will delay implementing new reporting requirements that were to take effect for the upcoming tax filing season.

  6. Washington Examiner

    IRS announces delay of $600 tax reporting rule for Venmo and PayPal payments (opens Washington Examiner)

    Published

    Washington Examiner's feed description

    The IRS announced Tuesday it is delaying a controversial new requirement that will require people to report income in excess of $600 paid through apps such as Venmo.

  7. CBS News

    IRS delaying $600 payment reporting rule for PayPal, Venmo and more — again (opens CBS News)

    Published

    CBS News's feed description

    Tax agency also said it will boost the reporting threshold to $5,000, from $600, in 2024 as it phases in the new regulation.

  8. Fox32 Chicago

    IRS delays $600 payment reporting rule for Venmo, Cash App and other payment apps (opens Fox32 Chicago)

    Published

    Fox32 Chicago's feed description

    The IRS announced on Tuesday that it will delay implementing its $600 tax reporting requirement that was to take effect for the 2023 tax filing season.

  9. Fortune

    IRS won’t be cracking down on your Venmo and other payment app sales just yet (opens Fortune)

    Published

    Fortune's feed description

    IRS officials say one reason for the delay is taxpayer confusion over what sorts of transaction are reportable.

  10. New York Post

    IRS delays implementing $600 reporting rule for Venmo, PayPal payments (opens New York Post)

    Published

    New York Post's feed description

    The IRS will delay implementing a sweeping rule change that forces people to report income over $600 paid through popular apps such as Venmo and Paypal, the agency announced Tuesday.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

IRS delays $600 payment reporting rule for Venmo, Cash App and other payment apps | Since Then