"Don't report both, or you'll be double taxed," said Taylor. She also noted that a 1099-K form reports gross income. Since you likely paid fees to the payment processing platform in order to use ...

Last year, the Internal Revenue Service announced a phased rollout of reporting requirements for businesses who receive at ...

The income tax deadline is April 15 for most taxpayers. But taxpayers in Florida, North Carolina, and other areas hit by ...

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

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 ...

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 ...

Do you have supporting forms and receipts in hand? Here's what to know about tax-filing season for Arizona and federal returns.

If you think you need to file a return this year, maybe for the first time, you're likely wondering where to start.

It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used ...

Granted, the IRS has noted, that all income, no matter the amount ... You pay taxes on a gain, not a loss. And the 1099-K only shows your gross receipts. The number you see on the 1099-K might ...

Forms 1099 showing dividends ... expenses and high out-of-pocket medical bills (above 7.5% of your adjusted gross income) or if you made large charity donations. Need a break?

It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income received outside of a permanent salaried job.