Common examples for when people could be surprised by a 1099-K include selling concert tickets for substantially elevated prices, like those for the Taylor Swift Eras Tour, which ran through 2024.

Common examples for when people could be surprised by a 1099-K include selling concert tickets for substantially elevated prices, like those for the Taylor Swift Eras Tour, which ran through 2024.

Common examples for when people could be surprised by a 1099-K include selling concert tickets for substantially elevated prices, like those for the Taylor Swift Eras Tour, which ran through 2024.

What are some examples of why I'm getting a 1099-K? 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 ...

What are some examples of why I'm getting a 1099-K? 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 ...

Your business could receive more than one Form 1099-K. For example, if your business accepts payments on both Etsy and Amazon and you receive over $2,500 in payments on both platforms in 2025, you ...

For example, if the taxpayer ID on your 1099-K is incorrect, enter the amount of the 1099-K on your return as income along with other income sources, it said.

Guide to 2024 taxes: W-2 arrival dates, 1099-K form confusion, free filing options. Susan Tompor. Detroit Free Press. ... One example of an amount included on a 1099-K in error, ...

Examples include someone who lives mostly off of Social Security income (SSA-1099), investment withdrawals (1099-B, 1099-DIV) or retirement account withdrawals (1099-R). Other folks expect to ...

Common examples for when people could be surprised by a 1099-K include selling concert tickets for substantially elevated prices, like those for the Taylor Swift Eras Tour, which ran through 2024.

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during 2024 was more than $5,000.