A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services ...
If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may ...
An Oxford Township woman's life was upended when she received five tax forms in the mail, showing she'd received a bunch of ...
As tax season approaches in 2025, individuals receiving over $5,000 in payments for goods or services through digital ...
Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during 2024 was more than $5,000.
Last year, the Internal Revenue Service announced a phased rollout of reporting requirements for businesses who receive at least some of their income through third-party payment apps.
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 ...
If you are selling items online as a small business owner, you may end up having to pay taxes on the amount you earn. But ...
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 ...