If you're earning income through platforms like PayPal, Venmo, or Cash App, it's crucial to understand the new tax reporting ...

You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.

Form 1099-G is used to report unemployment compensation or other certain government payments, such as refunds on state or local taxes, taxable grants or payments from the Department of Agriculture.

You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.

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 or more last year.

Investopedia / Xiaojie Liu Form 1099-INT is an Internal Revenue Service (IRS) tax form used to report interest income. Form 1099-INT is issued by all entities that pay interest income to investors ...

The percentage of gig workers knowledgeable about the lower threshold the Form 1099-K versus those that don’t know came out ...

Previously, only self-employed workers who netted at least $20,000 through Venmo, PayPal, CashApp, Stripe and similar apps received a 1099-K, which is used to report income from payment apps ...

You would have to have pushed above that $5,000 threshold in 2024 to receive a 1099-K for this tax season. The American Rescue Plan Act of 2021 revamped reporting requirements for third-party ...

Businesses must meet the February 18, 2025 deadline to furnish recipient copies of Forms 1099-B, 1099-S, and 1099-MISC (Boxes 8 and 10) ...

Follow these four Form 1099-NEC preparation tips from PayrollOrg to ensure accurate tax reporting for 2024. For additional tips and resources, visit www.payroll.org. PayrollOrg is the leader in ...