A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services ...

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 ...

Will you recognize the Form 1099-K when you receive it from one or more third-party marketplace providers this year? A few years ago, the IRS implemented new reporting requirements for many ...

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 ...

But in 2025, that number is expected to soar. The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, plummeting each year until $600.

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 ...

Here's when the last day to file taxes is, a quick breakdown on some new forms for the 2024-25 tax season and how to track ...

People are reporting they've received a surprise tax form falsely claiming they've made money on a payment app they never ...

If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore it, an expert says. By Ann Carrns If you sold personal items like ...

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 ...

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 payments via cards (credit, debit, gift cards). Payments can be ...