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 ...
If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what ...
If you've already filed your taxes and think you misreported income from a 1099-K, you should immediately file an amended tax return, IRS Form 1040-X. Your tax return software should also be able ...
I'm an IRS-enrolled agent and tax expert who can help you navigate filing this freelance form without accidentally reporting your income twice. A 1099-K form is a relatively new IRS income tax ...
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. As Kiplinger has reported, the new IRS 1099 ...
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 ...
You'll include the income you earned that's listed on your 1099-K by filing a Schedule C (an IRS form that reports profits or losses from your business). If you file using online tax software ...