The federal threshold of $20,000 in sales and more than 200 transactions will remain in effect for 2022 taxes.ĩ states have lower thresholds for receiving a 1099-K. The IRS has delayed the new $600 1099-K reporting threshold for one year. If you’re a US seller, and reached more than $20,000 USD in gross sales and more than 200 transactions in 2022, or a met a threshold for your state, Etsy will provide you with a 1099-K form you can use when filing your 2022 taxes. If your taxpayer ID is incorrect on your form, you may want to attach an explanation to your tax return. It’s likely a brief IRS outage.Įtsy is no longer accepting taxpayer information changes to update the 2022 1099-K form.
Eligible sellers can now download their 2022 1099-K form.
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