People whose payments exceed $20,000 and had more than 200 transactions for the year will receive a 1099-K form in the mail ...
Many small businesses accept credit cards, debit cards, and money transfer app payments as payment options when customers purchase goods and services. If you're among them, you will likely receive ...
“The 1099-K course correction is a big win for transparency, simplicity and common sense.” ...
Did you make over five grand on a marketplace app? Maybe you're an Uber or Lyft driver and you make some money on the side. Or you sell baked goods or do hair on the weekends, and customers pay you on ...
This year, some gig workers, freelancers and small business owners received an unfamiliar IRS tax form: a 1099-K. If you're one of them, how you report this form on your tax return could accidentally ...
For the 2025 tax year, the 'One Big Beautiful Bill' made several changes to deductions and tax laws. Some of these will ...
You can approach the issuer and ask the issuer to reissue it correctly. If the issuer of the Form 1099 has already sent it to ...
New rules are yet again in store for 2025 sales of tickets and other goods and services online. Sellers flagged as 'business' or 'professional' sellers on platforms may get 1099-K forms at lower ...
Don't let tax season catch you off guard. We break down the key differences on a W-2 and 1099 forms that directly impact your tax refund.
Add Yahoo as a preferred source to see more of our stories on Google. Tax Day is coming, and soon it will be time to begin gathering forms. If you haven't looked at them yet, all those numbers and ...
SALT LAKE CITY — As tax season rolls around, many Utahns are seeing a familiar influx of forms in their mailboxes. But this year, one form in particular is raising red flags for some residents. A ...