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

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 ...

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.

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

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.

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 ...

Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to ... [+] report self-employment income instead of Form 1099-MISC as traditionally had been used.

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