Interest is a component of a taxpayer's adjusted gross income (AGI) when it's added to wages, salaries, tips, and other forms of income. How to File Form 1099-INT: Interest Income Form 1099-INT is ...

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 ...

"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 ...

From how to file for free to what forms payment processors like Venmo are sending, we have the guide on what to know about ...

In 2025, the SECURE 2.0 Act allows a new "super catch-up provision" for individuals who turn ages 60 to 63 before the end of ...

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

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...

Make estimated tax payments on a quarterly basis. Your gig income is subject to self-employment tax of 15.3% as well as ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Janet Berry-Johnson is a CPA with 10 years of experience in public accounting and writes ...

First-time filers sometimes fall into the trap of believing that only full-time, permanent employees have to file and pay ...

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.

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 ...