Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

Last year, the IRS announced a phased rollout of reporting requirements for businesses who receive at least some of their ...

The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...

Millions more taxpayers will be receiving the Form 1099-K in the mail this year for the first time if they were paid $5,000 ...

Interested in learning how to file your taxes for free? Did you recently receive a 1099-K form? Here's everything to know as ...

Michigan residents do not qualify this year for Direct File, but other free programs are out there. Did you just receive a ...

Knowing when to issue which kind of 1099 form to someone you paid money to can be a mystery to small business owners, but ...

But in 2025, that number is expected to soar. 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.

New tax rules hit in 2025 just in time to trigger more 1099-K paperwork for Detroit Lions ticketholders who are reselling hot ...

Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is ...

Direct File is a web-based service that works on mobile phones, laptops, tablets or desktop computers. It guides taxpayers ...

Third party payment platforms are required to send you a 1099-K tax form if you made more than $5,000 on the platform in 2024. This reporting change will give the IRS a clearer picture of how ...