Will you recognize the Form 1099-K when you receive it from one or more third-party marketplace providers this year?  A few ...
That information will get reported through IRS Form 1099-K, which is for reporting transactions made through third-party payment apps and online marketplaces (like eBay or StubHub). The apps ...
Opinion
7hon MSNOpinion
Be careful if you sell online. The IRS may know a lot more about your side hustle this tax season. And it is cracking down on those who fail to report the added income.
The agency is cracking down on unreported income from online sales.
If you are a small business owner who receives money for goods and/or services through Venmo, PayPal, eBay, Etsy, or other third-party apps, you may be receiving a 1099-K form from them and there ...
You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.
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 or more last year.
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