Last year, the Internal Revenue Service announced a phased rollout of reporting requirements for businesses who receive at ...
The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...
Previously, most sellers had to report when their sales reached $20,000 a year. But the IRS is slowly lowering that threshold ...
The agency is cracking down on unreported income from online sales.
Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...
IRS Form 1099-K could be in your future if you sold items via online marketplaces like eBay and Venmo. Here’s what you need ...
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 ...
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