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?

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

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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 ...