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 receive a 1099-K this year, make sure you don't accidentally double-report your income. For some gig workers, ...
IRS Forms 1099 are used so the IRS can match Social Security numbers with tax returns to speed IRS collection efforts. But ...
If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may ...
As tax season approaches in 2025, individuals receiving over $5,000 in payments for goods or services through digital ...
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.
Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting ...
If you use payment apps like Venmo, Cash App or PayPal for more than just splitting a bill, there could be some important documents coming your way this tax season.