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 ...
Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during 2024 was more than $5,000.
As tax season approaches in 2025, individuals receiving over $5,000 in payments for goods or services through digital ...
Last year, the Internal Revenue Service announced a phased rollout of reporting requirements for businesses who receive at least some of their income through third-party payment apps.
Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting ...
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 ...
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 ...
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 ...