You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.
You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.
Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...
Did you just receive a form called a 1099-K, a form that you never, ever saw in your lifetime? Well, do not ignore any 1099-K that pops up. Take your time to understand this one. More taxpayers ...
If you are a small business owner who receives money for goods and/or services through Venmo, PayPal, eBay, Etsy, or other third-party apps, you may be receiving a 1099-K form from them and there ...
Yes, video game marketplaces can be taxed, sometimes. Whether you're making money on Eve Online or Roblox, Minecraft or ...
Follow these four Form 1099-NEC preparation tips from PayrollOrg to ensure accurate tax reporting for 2024. Electronic Filing Threshold. Organizations filing 10 or more information returns (e.g ...
Gig workers who earned more than $5,000 in payments in 2024 will receive a Form 1099-K PDF in January 2025. Another tax filing season is upon us. The IRS announced Monday, Jan. 27, as the official ...
Recipients of Form 1099-NEC should use the information provided on the form to fill out the appropriate sections on their tax returns. For sole proprietors, report this information on Schedule C ...