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

Last year, the Internal Revenue Service announced a phased rollout of reporting requirements for businesses who receive at ...

For this first year, the minimum is $5,000 — so if you earned at least that much via a payment app in 2024, you (and the IRS) should receive a Form 1099-K. Form 1099-K How does the "$600 rule" work?

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 ...

If the recipient is a partnership, the information should be used to complete Form 1065 and Schedule K-1; the partners ... "Prior Year Forms and Instructions." Find: 1099-NEC; Sort by Revision ...

KANSAS CITY, Mo., Jan. 22, 2025 (GLOBE NEWSWIRE) -- The millions of Americans with revenue-generating side hustles and casual sellers may be in for a big surprise this January—an unexpected tax form ...

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 ...