If you received a total of $5,000 or more through a payment app in 2024, that company is now required to report that amount ...

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may ...

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during 2024 was more than $5,000.

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year. Here’s why you might ...

The IRS has introduced significant changes to Form 1099-K reporting, affecting millions who use payment apps. These changes ...

The IRS is requiring third party payment apps to send you a 1099-K tax form if you made more than $5,000 on the platform in ...

Last year, the Internal Revenue Service announced a phased rollout of reporting requirements for businesses who receive at least some of their income through third-party payment apps.

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 ...

When sorting through your mail this tax season and set aside your important documents, you may receive a new form to your tax profile called a 1099-K. This is an income record which accounts for the ...