Use Venmo, PayPal? Why you're being sent a 1099-K this tax season
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 ...
Did you receive a 1099-K tax form? Here's how it affects your tax return
A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services total over $5,000.
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Gig workers: What to know about 1099-K changes
Some gig workers get a 1099-K in the mail. CPA and TurboTax Expert Miguel Burgos explains what the form is, who gets it and ...
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A Tax Expert's Warning: Don't Make This Costly Mistake if You Receive a 1099-K
Because of how IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and send ...
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1099-K tax rules: What you need to know if you get paid via Venmo, Cash App or PayPal
If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year. Here’s why you might ...
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An unexpected tax form in your mailbox could signal identity theft
People are reporting they've received a surprise tax form falsely claiming they've made money on a payment app they never ...
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Did you receive a 1099-K tax form? Here's how it affects your tax return
Any money made from this is considered taxable. The following is why you could get a 1099-K form, according to the IRS: A payment app or online marketplace is required to send you a Form 1099-K if ...