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

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

The IRS has established some reporting rules for income that's received on P2P payment platforms such as Venmo including ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

Or maybe the 1099-K will show the sale of a personal item that was sold ... A self-employed taxpayer who files a Schedule C ...

If you have a tax paper from someone other than your employer, you may have received a 1099. But what does the form mean, and ...

The 2024 standard mileage rate for business use of a vehicle is 67 cents a mile. More: Guide to 2024 taxes: W-2 arrival dates ...

Tongo, a company that builds financial products that finally meet the needs of the commission economy, has partnered with april, an AI-powered tax pla ...

Recipients of Form 1099-NEC should use the information provided on the form to fill out the appropriate sections on their tax returns. For sole proprietors, report this information on Schedule C ...

Or maybe the 1099-K will show the sale of a personal ... A self-employed taxpayer who files a Schedule C can use the standard rate to deduct expenses from mileage incurred while doing business.

Your prior year return will give you a good starting point for figuring out what documents you need to have handy to fill out ...