Some gig workers get a 1099-K in the mail. CPA and TurboTax Expert Miguel Burgos explains what the form is, who gets it and ...
Other types of income, whether from contract work or investment income, get reported via a 1099 form. These 1099 forms start ...
Because of the way IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and ...
Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting ...
Tax software is a type of software program that’s designed to guide users through the process of preparing and filing their ...
If you use payment apps like Venmo, Cash App or PayPal for more than just splitting a bill, there could be some important ...
A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services ...
As we approach tax season, many taxpayers are just starting to prepare their returns. Nearly half of them wait until March to ...
If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may ...
Business standard mileage rate increases for 2025 ... Applicability date set for required minimum distribution regulations ... IRS amends rules for computing the premium tax credit ... IRS expands ...
Additionally, business owners using payment apps like Venmo and PayPal will now receive a tax form called a 1099-K to assist in filing. And in sad news for fans of I bonds: You can no longer use your ...