Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

This area is even above the section called "Part 1: Additional Income." "The place at the top of Schedule 1 to enter ...

The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...

The threshold is currently set to drop again in 2025, which means you'd receive a 1099-K during next year's tax season if you have transactions for more than $2,500 this year. Common examples for ...