Form 1099-K is used to report payments received for goods or services processed through payment apps, online marketplaces, and credit cards. The IRS has issued FAQs to explain when you might get one.

In the upcoming 2025 tax season, if you've received more than $5,000 in payments for goods or services via digital platforms like Stripe, Venmo, PayPal, or Cash App during 2024, you will be issued a ...

The 1099-K tax form is a critical document for individuals earning income through third-party payment platforms. This form reports income from non-permanent jobs, such as side hustles, freelance work, ...