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

Last year, the Internal Revenue Service announced a phased rollout of reporting requirements for businesses who receive at ...

For this first year, the minimum is $5,000 — so if you earned at least that much via a payment app in 2024, you (and the IRS) should receive a Form 1099-K. Form 1099-K How does the "$600 rule" work?

The income tax deadline is April 15 for most taxpayers. But taxpayers in Florida, North Carolina, and other areas hit by ...

Millions more taxpayers will be receiving the Form 1099-K in the mail this year for the first time if they were paid $5,000 ...

If the recipient is a partnership, the information should be used to complete Form 1065 and Schedule K-1; the partners ... "Prior Year Forms and Instructions." Find: 1099-NEC; Sort by Revision ...

KANSAS CITY, Mo., Jan. 22, 2025 (GLOBE NEWSWIRE) -- The millions of Americans with revenue-generating side hustles and casual sellers may be in for a big surprise this January—an unexpected tax form ...

Did you just receive a form called a 1099-K, a form that you never, ever saw in your lifetime? Well, do not ignore any 1099-K that pops up. Take your time to understand this one. More taxpayers ...