Did you just receive a new form called a ... at the very top line on Schedule 1 for 2024 returns. This area is even above the ...

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...

Navigating the complexities of tax reporting can be daunting, especially for freelancers and those with side hustles. The ...

This new tax reporting rule should not affect your tax liability. If you earn over $400 in income, you need to report it to ...

Cavan Images / If you are selling items online as a small business owner, you may end up having to pay taxes on the amount ...

Michelle P. Scott is a New York attorney with extensive experience in tax, corporate, financial, and nonprofit law, and public policy. As General Counsel, private practitioner, and Congressional ...

We test and rate the best online tax services to help you find the best one for filing quickly and accurately—and for getting ...

Those expecting to see Lester Holt when tuning in to NBC Nightly News on February 3, 2025, got a major shock. The anchor was ...

Did you just receive a new form ... Schedule 1 for 2024 returns. This area is even above the section called "Part 1: Additional Income." "The place at the top of Schedule 1 to enter incorrect 1099 ...

You'll include the income you earned that's listed on your 1099-K by filing a Schedule C (an IRS form that reports profits or losses from your business). If you file using online tax software ...