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In our new Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on reporting income and tax deductions on 2024 tax returns.

WATCH OUR PREVIOUS COVERAGE WITH OXFORD WOMAN WHO HAD IDENTITY STOLEN AND THE STEPS TO FOLLOW Local woman learns her identity was stolen when she got a 1099-K ... a 1099 form but have never ...

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 ...

The AICPA’s 2025 tax priorities include increasing the reporting threshold for Form 1099-K to $10,000 from the $600 that would go into effect next year, according to a letter Monday to congressional ...

"Instructions for Form 5329." Internal Revenue Service. "401(k) Limit Increases to $23,500 for ... "Instructions for Forms 1099-R and 5498." Page 15. Internal Revenue Service.

Some gig workers get a 1099-K in the mail. CPA and TurboTax Expert Miguel Burgos explains what the form is, who gets it and how it affects your taxes. Dow Jones Plummets 1,200 Points On Trump ...

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In response to corporate concerns over the 1099-K threshold and to avoid further confusing taxpayers, the IRS has postponed implementing the new Form 1099-K reporting threshold requirement 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 ...