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money received from friends and family as a gift or repayment for a personal expense should not be reported on a Form 1099-K. The payments aren't taxable. Here are some examples of non-business ...
You might receive this document if you have freelance work, investment income, retirement distributions or other financial ...
Don’t delay filing your tax return even if your 1099-K is incorrect, the IRS said. For example, if the taxpayer ID on your 1099-K is incorrect, enter the amount of the 1099-K on your return as ...
In the U.S., many people file crypto taxes using 1099 forms. This guide covers the various 1099 forms you should know about.
Form 1099-K reporting, Social Security, unemployment benefits, filing for an extension, borrowing and making distributions ...
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; here's what to look out for It's all ...
Online shopping sites like Etsy, and eBay, and payment network PayPal, among other companies want Congress to change the new $600 reporting threshold for IRS Form 1099-K. The rule, which won't ...
(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 ...