The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

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

Your prior year return will give you a good starting point for figuring out what documents you need to have handy to fill out ...

Millions more taxpayers will be receiving the Form 1099-K in the mail this year for the first time if they were paid $5,000 ...

The law will not affect the amount of taxes owed, but it will change how you report income with 1099-K forms. Those who received more than $5,000 in payments for goods and services through an ...

Direct File is not mandatory. The 1099-K form is a report of payments you received for goods and services during the year from credit cards, debit cards or payments and online marketplaces.

The law will not affect the amount of taxes owed, but it will change how you report income with 1099-K forms. Those who received more than $5,000 in payments for goods and services through an ...

You would have to have pushed above that $5,000 threshold in 2024 to receive a 1099-K for this tax season. The American Rescue Plan Act of 2021 revamped reporting requirements for third-party ...