or online marketplaces such as eBay, you could receive Form 1099-K for 2024. However, business income should be reported on your tax return even if you do not receive the form. As millions of ...

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.

Online shopping sites like Etsy, and eBay, and payment network PayPal, among other companies want Congress to change the new $600 reporting threshold for IRS Form 1099 ... due to a tax law change ...