Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

Last year, the IRS announced a phased rollout of reporting requirements for businesses who receive at least some of their ...

The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...

Millions more taxpayers will be receiving the Form 1099-K in the mail this year for the first time if they were paid $5,000 ...

Interested in learning how to file your taxes for free? Did you recently receive a 1099-K form? Here's everything to know as ...

Knowing when to issue which kind of 1099 form to someone you paid money to can be a mystery to small business owners, but ...

Self-employed people who send and receive payments using things like PayPal, Venmo and CashApp get a special tax form, called a 1099-K. Usually though, they’d only receive one if they made at ...

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 ...

But in 2025, that number is expected to soar. 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.

Did you just receive a form called a 1099-K, a form that you never, ever saw in your lifetime? Well, do not ignore any 1099-K that pops up. Take your time to understand this one. More taxpayers ...