WASHINGTON — Lobbyists for online merchants and payment platforms and their congressional allies are pressing to raise the threshold that triggers tax reporting for certain sales and services before IRS forms go out to more gig workers and freelancers operating online early next year.
They’re aiming to attach the change to a potential year-end tax package, arguing it’s lawmakers’ last shot to avoid tax woes for casual online sellers in the 2023 filing season ending next April.
“I think this is something that’s critically important to settle before the end of the year,” Rep. Chris Pappas said in an interview, “especially to prevent individuals from overpaying their taxes or just experiencing confusion around receiving these forms for sales where really there was no taxable income.”
