NEXT explains that if you’re an independent contractor, it’s your job to pay taxes on your own—and you’ll want as many 1099 ...

If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what ...

Each January, your mailbox and email are likely filled with tax forms. You'll receive a W-2 reporting your wages if you work for an employer. But if you do any self-employed or freelance ...

A freelance writer filing as a self-employed worker for the first time tests TurboTax and IRS Free File, and picks a winner.

money received from friends and family as a gift or repayment for a personal expense should not be reported on a Form 1099-K. The payments aren't taxable. Here are some examples of non-business ...

Trying to stick to a budget? These 15 powerful AI prompts can easily break down your expenses to help you find spending patterns, save money, and reach your financial goals faster in 2025.

For example, if the taxpayer ID on your 1099-K is incorrect ... to keep good records to support the income and deductible expenses you report on your tax return. The IRS also provides examples ...