Will the new law affect those that use Paypal to receive money?

cg1349
Contributor
Contributor

Has anyone read this?  They want to lower the threshold to $600 in order to get a 1099-K.  Will this apply to Paypal?

 

https://www.politico.com/news/2021/03/05/gig-workers-coronavirus-relief-bill-losers-473902

 

 

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cg1349
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Contributor

Any thoughts?

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