Why you might receive a 1099-K for the first time. A 1099-K form is a relatively new IRS income tax form that freelancers and ...

A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services ...

I'm an IRS-enrolled agent and tax expert who can help you navigate filing this freelance form without accidentally reporting your income twice. A 1099-K form is a relatively new IRS income tax ...

you may receive a new form to your tax profile called a 1099-K. This is an income record which accounts for the money you receive through third-party payment apps like CashApp and Venmo. Local tax ...

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 ...

People are reporting they've received a surprise tax form falsely claiming they've made money on a payment app they never ...

If you use payment apps like Venmo, Cash App or PayPal for more than just splitting a bill, there could be some important ...

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.

Early results from the IRS indicate that 7.7% fewer tax returns were filed in the first two weeks of the 2025 season. Why are ...

This year, some gig workers, freelancers and small business owners received an unfamiliar IRS tax form: a 1099-K. If you're one of them, how you report this form on your tax return could ...

Form 1099-K must be sent to taxpayers by Jan. 31 of the following year. That is, you should have received your 1099-K for 2024 by the end of January 2025. (See the 2025 tax deadlines.) If you sell ...