If you receive a 1099-K this year, make sure you don't accidentally double-report your income. For some gig workers, ...

A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services total over $5,000.

IRS Forms 1099 are used so the IRS can match Social Security numbers with tax returns to speed IRS collection efforts. But ...

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may ...

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.

The 16th Amendment to the Constitution was ratified in 1913, which gave Congress the authority to tax all incomes. The first ...

Form 1099-K must be sent to taxpayers by Jan. 31 of the following year. That is, you should have received your 1099-K for 2024 by the end of January 2025. (See the 2025 tax deadlines.) If you sell ...

As tax season approaches in 2025, individuals receiving over $5,000 in payments for goods or services through digital ...

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 much ...