You'll receive a 1099-K form if you use a third-party payment service, such as PayPal, Venmo or CashApp, to receive freelance ...
Many employers are likely familiar with Form 1099-MISC. For years, business owners used it to report payments for rent, royalties, medical and healthcare payments and other nonemployee payments.
If you received a total of $5,000 or more through a payment app in 2024, that company is now required to report that amount ...
The 1099-NEC form is essential for reporting non-employee compensation. It is commonly used by businesses to report payments ...
People are reporting they've received a surprise tax form falsely claiming they've made money on a payment app they never ...
If you receive Social Security benefits, you’ll need the SSA-1099 form (or SSA-1042S for noncitizens) for tax filing. These ...
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.
The 1099-K form reports payments for goods ... these must be reported on your tax return. Freelancers, gig workers and self-employed people generally report income on Schedule C of their income ...