Form 1099-G is used to report unemployment compensation or other ... If you sold real estate that appreciated in value, this difference is subject to capital gains tax. However, there are ...

When sorting through your mail this tax season and set aside your important documents, you may receive a new form to your tax ...

Will you recognize the Form 1099-K when you receive it from one or more third-party marketplace providers this year?  A few ...

Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to ... [+] report self-employment income instead of Form 1099-MISC as traditionally had been used.

Michelle P. Scott is a New York attorney with extensive experience in tax, corporate, financial, and nonprofit law, and public policy. As General Counsel, private practitioner, and Congressional ...

Third party payment apps are required 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 ...

The 1099-K change means these casual online sellers, gig workers, freelancers and small business owners whose online transactions met the new reporting threshold for the first time in 2024 could ...

Businesses must meet the February 18, 2025 deadline to furnish recipient copies of Forms 1099-B, 1099-S, and 1099-MISC (Boxes 8 and 10) ...

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

You would have to have pushed above that $5,000 threshold in 2024 to receive a 1099-K for this tax season. The American Rescue Plan Act of 2021 revamped reporting requirements for third-party ...