A key IRS threshold reset reshapes how online income is reported in 2026, easing compliance for casual sellers while ...
Taxpayers who made money online or through payment apps in 2024 might get a new tax form in the mail – a 1099-K. This form reports payments people receive through third-party platforms. But it doesn’t ...
Did you just receive a form called a 1099-K, a form that you never, ever saw in your lifetime? Well, do not ignore any 1099-K that pops up. Take your time to understand this one. More taxpayers will ...
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 be ...
The House of Representatives and the Senate have both proposed changes in the reporting thresholds for Form 1099-K and Form 1099-NEC. The goal? Fewer forms for taxpayers. Republicans on the Senate ...
Millions of Americans who sell goods online or use third-party platforms such as PayPal, Cash App or Venmo will soon face new tax reporting rules under changes introduced by the One Big Beautiful Bill ...
Will you recognize the Form 1099-K when you receive it from one or more third-party marketplace providers this year? A few years ago, the IRS implemented new reporting requirements for many popular ...
If you freelance, side hustle or sell products online, you're most likely familiar with the Form 1099-K. It's a form that specifically reports card payments and transactions from online platforms, ...
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 accidentally ...
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 ...