The Internal Revenue Service (IRS) is set to introduce a pivotal change in income reporting through third-party payment apps.

You might receive this document if you have freelance work, investment income, retirement distributions or other financial ...

The 1099-DA answers this call, reducing the confusion and effort involved in reporting crypto transactions. Third-party reporting: The 1099-DA is a crucial tool for the IRS to enforce income tax ...

IRS will implement a third-party reporting system for crypto ... The ETF provider will provide you with either a 1099-B or a 1099-DA. The reporting will not only cover the proceeds from your ...

If you use a Third Party Settlement Organization - Venmo, PayPal, E-Bay, Stubhub - you can expect to be impacted by the new ...

In the U.S., many people file crypto taxes using 1099 forms. This guide covers the various 1099 forms you should know about.

Ks, old addresses, and notifications caught in spam lead to frustration. It’s tax day in the U.S., and many taxpayers are making last-minute filings or deciding if they want to file for an extension.

For example, if a person earned $3,000 through PayPal and $2,600 through Venmo, they made a total of $5,600 in taxable income ...

Form 1099-K is a report of payments you got for goods or services during the year from credit, debit or stored value cards such as gift cards or payment cards, and third-party payment apps or online ...

For example, you’ll receive a 1099 reporting withdrawals from 529s and ... 1099-K reports payments you received from third-party processors — like Venmo or PayPal — for sales of goods ...