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 ...
In a letter to congressional finance leaders, the AICPA listed increasing the threshold to $10,000 as one of its priorities.
We've been following an identity theft dilemma with a tax season twist, with several Metro Detroiters having their identity ...
Because of how IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and send ...
A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services ...
Therefore, Zelle transactions are not subject to reporting requirements. Who is likely to receive a 1099-K? The Form 1099-K is issued to taxpayers who receive direct payments for selling goods or ...
This year, some gig workers, freelancers and small business owners received an unfamiliar IRS tax form: a 1099-K. If you're one of them, how you report this form on your tax return could ...
Therefore, Zelle transactions are not subject to reporting requirements. Who is likely to receive a 1099-K? The Form 1099-K is issued to taxpayers who receive direct payments for selling goods or ...
Don't panic. Here's what you need to know about this tax from. The IRS said the 1099-K form is a report of payments you received for goods or services during the year if you made any money or ...