Federal taxpayers who earn income not subject to withholding may need to make estimated tax payments during the year.

New 1099-K reporting requirements shouldn’t affect your tax liability, though. You’ll still have to report taxable income you received from goods or services, even if you don’t receive the form.

I am still waiting for the company's response on what Cash App is doing to make this process easier for all identity theft victims needing fraudulently opened accounts closed, and new 1099-K's issued.

If you receive a 1099-K that you shouldn’t have, you should contact the issuer immediately, the IRS said. Under "Filer" on the top left corner of Form 1099-K, you can find the name and contact ...

This year, some gig workers, freelancers and small business owners received an unfamiliar IRS tax form: a 1099-K. If you're one of them, how you report this form on your tax return could ...

A payment app or online marketplace like Zelle, Apple Pay, Cash app, etc., must send you a Form 1099-K if the payments you received for goods or services total over $5,000.

News National business 1099-K tax rules: What you need to know if you get paid via Venmo, Cash App or PayPal Sun., March 2, 2025 If you sell goods or services or rent property, and get paid ...

Form 1099-K must be sent to taxpayers by Jan. 31 of the following year. That is, you should have received your 1099-K for 2024 by the end of January 2025. (See the 2025 tax deadlines.) ...

Business 1099-K tax rules: What you need to know if you get paid via Venmo, Cash App or PayPal Feb. 24, 2025 at 11:16 am Updated Feb. 24, 2025 at 12:16 pm By Kemberley Washington ...

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For those with a $600 1099-K reporting threshold, only 18% of participants pointed out the correct threshold for 2026 and the final $600 reporting threshold for the 2027 tax season.

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 through a service such as Venmo, PayPal, Cash App, StubHub ...