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 ...
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 income tax deadline is April 15 for most taxpayers. But taxpayers in Florida, North Carolina, and other areas hit by ...
Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...
The IRS wants to get the message out that they’re enforcing it,” said Bryan Skarlatos, a criminal tax lawyer with the ...
The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, plummeting each year until $600. As Kiplinger has reported, the new IRS 1099-K ...
Gig workers who earned more than $5,000 in payments in 2024 will receive a Form 1099-K PDF in January 2025. Another tax filing season is upon us. The IRS has not yet announced the official start date ...
New tax rules hit in 2025 just in time to trigger more 1099-K paperwork for Detroit Lions ticketholders who are reselling hot ...
Forms 1099-K will be issued to people who received more than $2,500 in Year 2025, while Forms 1099-K will be issued to people ...
Courtney Johnston is a senior editor leading the CNET Money team. Passionate about financial literacy and inclusion, she has a decade of experience as a freelance journalist covering policy ...
And a key rule changes again in 2025. You'd receive a 1099-K form that would report payments you got for tickets, as well as other goods or services in a year, if you had transactions that are ...