Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during 2024 was more than $5,000.

When sorting through your mail this tax season and set aside your important documents, you may receive a new form to your tax ...

If you get paid through Venmo, PayPal, Cash App or another payment app, you may receive a Form 1099-K this year. Here’s what ...

You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.

Navigating the complexities of tax reporting can be daunting, especially for freelancers and those with side hustles. The 1099-K form plays a crucial role in reporting income from third-party payment ...

You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.

When sorting through your mail this tax season and set aside your important documents, you may receive a new form to your tax profile called a 1099-K. This is an income record which accounts for the ...

and initiating a no tax on tips rule. Granted, the IRS has noted, that all income, no matter the amount, is taxable unless it’s excluded by law whether a Form 1099-K is sent or not. What ...

The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or gift cards. Third-party payment services send this form to taxpayers who ...