If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what ...

You'll receive a 1099-K form if you use a third-party payment service, such as PayPal, Venmo or CashApp, to receive freelance ...

If you said yes to any of these, be prepared to receive a 1099-K from the Internal Revenue Service. Asking yourself what's a 1099-K? Don't panic. Here's what you need to know about this tax from.

Some gig workers get a 1099-K in the mail. CPA and TurboTax Expert Miguel Burgos explains what the form is, who gets it and ...

In a letter to congressional finance leaders, the AICPA listed increasing the threshold to $10,000 as one of its priorities.

The IRS is requiring third party payment apps to send you a 1099-K tax form if you made more than $5,000 on the platform in 2024. This reporting change will give the IRS a clearer picture of how ...

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year. Here’s why you might ...

But in 2025, that number is expected to soar. The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, plummeting each year until $600.

If you use payment apps like Venmo, Cash App or PayPal for more than just splitting a bill, there could be some important ...

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 ...