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 2024 mileage rate for use of your vehicle to do volunteer work for certain charitable organizations is 14 cents a mile.

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 IRS has established some reporting rules for income that's received on P2P payment platforms such as Venmo including thresholds at which you must report.

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.

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 ...

Knowing when to issue which kind of 1099 form to someone you paid money to can be a mystery to small business owners, but ...

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