Because of how IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and send ...
A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services ...
If you received a total of $5,000 or more through a payment app in 2024, that company is now required to report that amount ...
The IRS said the 1099-K form is a report of payments you received for goods or services during the year if you made any money or payments via cards (credit, debit, gift cards). Payments can be ...
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Gig workers: What to know about 1099-K changesSome gig workers get a 1099-K in the mail. CPA and TurboTax Expert Miguel Burgos explains what the form is, who gets it and ...
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.
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 ...
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