Navigating the complexities of tax reporting can be daunting, especially for freelancers and those with side hustles. The ...

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

For this first year, the minimum is $5,000 — so if you earned at least that much via a payment app in 2024, you (and the IRS) should receive a Form 1099-K. Form 1099-K How does the "$600 rule" work?

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Direct File is a web-based service that works on mobile phones, laptops, tablets or desktop computers. It guides taxpayers ...

It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used ...

Republicans have been critical of the efforts by the IRS to delay a flood 1099-K forms hitting mailboxes, and at the same time GOP leaders are calling for repealing the American Rescue Plan Act ...

It guides taxpayers through a series of questions to prepare their federal tax return ... A copy of this form will be sent to the IRS as well. The 1099-K reporting threshold will eventually ...