If you said yes to any of these, be prepared to receive a 1099-K from the Internal Revenue Service. Asking yourself what's a 1099-K? Don't panic. Here's what you need to know about this tax from.

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

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 ...

Most taxpayers depend on the same basic data to file returns. If you have a job, your employer must provide both you and the ...

(WXYZ) — I've been tracking identity theft cases since mid-February involving 1099-K forms received in the mail. Those cases have prompted me to request documents ...

(WXYZ) — I've been tracking identity theft cases since mid-February involving 1099-K forms received in the mail. Those cases have prompted me to request documents ...

Tax Day is Tuesday, but some people have been wringing their hands over the deadline because they've received a tax form in ...

According to the IRS, for 2024, businesses and workers are required to report income of $5,000 or more from these apps. In ...

If you are among the millions of Americans who still haven't filed their taxes, here are some last-minute tips to keep in ...

For tax year 2024, the threshold to receive Form 1099-K for payments through payment platforms is $5,000. The IRS considers money paid through the platforms for goods and services as income ...

If you made more than $600 on the sale of a concert ticket or other personal item, you have to report it Hiranmayi Srinivasan is an Associate Editor for Investopedia. She has covered personal ...