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1:55
Taxes made easy: Breaking down form 1099-K
A new tax form may be coming to your mailbox this year. President and CEO of our sponsor TaxAct explains what you need to know about form 1099-K.
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Mar 28, 2023
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When it comes to tax forms like the 1099A and 1099B, they serve very specific purposes. Neither of which involve magically multiplying your bank deposits. Be careful about the advice you follow and always double-check with a professional. #FinancialLiteracy credit (IG): Rick Williams - @rickthewealthcoach SF0501 | Uplevel Entrepreneur
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SOLVED: Darsh received a Form 1099-K, Payment Card and Third Party Network Transactions, reporting income for services rendered on a one-time basis to a neighbor, but it also included some personal reimbursements from family members for dinners at restaurants. How should this be reported on his tax return?
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