A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services ...
An Oxford Township woman's life was upended when she received five tax forms in the mail, showing she'd received a bunch of ...
If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may ...
As tax season approaches in 2025, individuals receiving over $5,000 in payments for goods or services through digital ...
Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during 2024 was more than $5,000.
Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting ...
If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore ...
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 ...
Additionally, business owners using payment apps like Venmo and PayPal will now receive a tax form called a 1099-K to assist in filing. And in sad news for fans of I bonds: You can no longer use your ...
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. Here’s why you might ...