A 1099-K form is issued by credit card companies and third-party settlement organizations (TPSOs) — think payment apps and ...

This is accomplished by following the steps for reporting Form 1099-K payments described in the instructions for Form 8949. Mixture of profit and loss. If you sold some tickets during the year for ...

Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is ...

You might receive this document if you have freelance work, investment income, retirement distributions or other financial ...

If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what do they mean for you.

This year, some gig workers, freelancers and small business owners received an unfamiliar IRS tax form: a 1099-K. If you're one of them, how you report this form on your tax return could ...

But in 2025, that number is expected to soar. The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, plummeting each year until $600.

I've been tracking identity theft cases since mid-February involving 1099-K forms in the mail. Those cases have prompted me ...

Internal Revenue Service. "Form 1099-OID, Original Issue Discount." Page 5. Internal Revenue Service. "Instructions for Forms 1099-INT and 1099-OID, Interest Income and Original Issue Discount." ...

Income at or above those thresholds would trigger a Form 1099-K, or report of payments you received for goods or services during the year. The law was supposed to go into effect in 2022 but was ...