Because of the way IRS computer systems are configured, the IRS computers will not detect an over-reporting of income 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 total over $5,000.

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may ...

Some gig workers get a 1099-K in the mail. CPA and TurboTax Expert Miguel Burgos explains what the form is, who gets it and ...

As tax season approaches in 2025, individuals receiving over $5,000 in payments for goods or services through digital ...

Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting ...

How all this will affect the processing of tax returns is a matter of speculation, but it seems very unlikely to make the ...

Other types of income, whether from contract work or investment income, get reported via a 1099 form. These 1099 forms ... foreign stocks than an IRA or 401(k). Investors should take care to ...

The president’s praise of the Pakistani government for its role in capturing a “top terrorist” signaled a possible ...

Unlike Uber and Lyft, drivers who use Empower do not receive 1099 forms—they are not contractors, but customers, according to the company. The company also does not collect a percentage of every ...