Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...
The millions of Americans with revenue-generating side hustles and casual sellers may be in for a big surprise this January—an unexpected tax form called the 1099-K. Payment platforms, apps and online ...
The income tax deadline is April 15 for most taxpayers. But taxpayers in Florida, North Carolina, and other areas hit by ...
A 1099-K form is sent to self-employed people who use third-party payment apps. Its threshold has been lowered from $20,000 ...
The last day you can file your 2024 taxes without requesting an extension is Tuesday, April 15, 2025. Gig workers who earned more than $5,000 in payments in 2024 will receive a Form 1099-K PDF in ...
This differs considerably from the prior 1099-K threshold of $20,000 and 200 transactions. Taxpayers have always been and are still required to report all taxable income to the IRS. But in years ...
IRS Forms 1099 are critical to IRS information return matching so the IRS can match your tax reporting and send tax notices ...
New tax rules hit in 2025 just in time to trigger more 1099-K paperwork for Detroit Lions ticketholders who are reselling hot ...
Do you have supporting forms and receipts in hand? Here's what to know about tax-filing season for Arizona and federal returns.
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 ...
Many taxpayers are likely to see these 1099-K forms arrive in January to report on their 2024 federal income tax returns this year. 1099-K forms must be supplied to you on or before Jan. 31 to be ...