It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used ...
If you're a freelancer, business owner or someone who occasionally makes money on the side, you need to know about the new ...
It's never on anyone's to-do list to carefully look at all the statements they're receiving. Most tax filers either hand those documents over to a professional or, if they are do-it-yourselfers, ...
Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...
The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...
Those who use platforms like eBay and Facebook Marketplace to make a little money on the side will want to pay extra ...
Payment apps are now required to send payment information to the IRS. If you use these apps you may owe taxes this year.
Payment platforms, apps and online marketplaces must issue a Form 1099-K to anyone who received $5,000 or more in payments on any single platform in 2024 to include with their tax return this tax ...
Your prior year return will give you a good starting point for figuring out what documents you need to have handy to fill out your 2024 return, said Tom O’Saben, director of tax content and government ...
Direct File is a web-based service that works on mobile phones, laptops, tablets or desktop computers. It guides taxpayers ...
Independent contractors, freelancers, sole proprietors, and self-employed individuals are examples ... K-1; the partners would then complete Schedule SE (Form 1040). If the income reported on Form ...