I highly doubt it since the 1099-K reporting for any payment platform transfer over $600 is only delayed.

That's going to impact a lot of people.

I've met one person in my entire life that has to deal with a 1099-K. I've met a lot of people and have been around for a handful of decades.

You realize they changed the rules this year, but delayed implementation? The threshold used to be $20,000/200 transactions, but it's going to $600 for even a single transaction.

Your friend sends you $1000 for a shared vacation? That's a 1099-k.

Your roommates send you $1000 as their share of the rent? That's a 1099-k.

Sell your car for $5,000? That's a 1099-k.

None of those are actually taxable, so you need to sift through the 1099-Ks you receive to see which ones need to be reported and which ones don't.

Huh?

Isn't Venmo excluding the friends&family transactions?