When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks ...
You might receive this document if you have freelance work, investment income, retirement distributions or other financial transactions.
Other types of income, whether from contract work or investment income, get reported via a 1099 form. These 1099 forms start hitting your mailbox (and/or email inbox) in January (and even December ...
If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what ...
Any money made from this is considered taxable. The following is why you could get a 1099-K form, according to the IRS: A payment app or online marketplace is required to send you a Form 1099-K if ...
If your business pays nonemployee compensation and other reportable payments, you must be aware of two forms: Form 1099-MISC and Form 1099-NEC. Many employers are likely familiar with Form 1099-MISC.
The regulatory environment for digital assets will have significant implications for state-level reporting requirements.
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 ...
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 ...
When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks, credit unions and other financial institutions, reports interest ...
Form 1099-K is a report of payments you got for goods ... If you fail to report what’s on your 1099-K, you may get audited. A 2017 report by the Treasury Inspector General for Tax Administration ...