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

Last year, the IRS announced a phased rollout of reporting requirements for businesses who receive at least some of their ...

Millions more taxpayers will be receiving the Form 1099-K in the mail this year for the first time if they were paid $5,000 ...

The income tax deadline is April 15 for most taxpayers. But taxpayers in Florida, North Carolina, and other areas hit by ...

Courtney Johnston is a senior editor leading the CNET Money team. Passionate about financial literacy and inclusion, she has a decade of experience as a freelance journalist covering policy ...

Self-employed people who send and receive payments using things like PayPal, Venmo and CashApp get a special tax form, called a 1099-K. Usually though, they’d only receive one if they made at ...

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.

IRS Forms 1099 are critical to IRS information return matching so the IRS can match your tax reporting and send tax notices ...

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 ...