The threshold for receiving a 1099-K is higher — but that doesn't mean you're off the hook if you don't get one.

The House of Representatives and the Senate have both proposed changes in the reporting thresholds for Form 1099-K and Form 1099-NEC. The goal? Fewer forms for taxpayers. Republicans on the Senate ...

Under the new law, reporting thresholds for Form 1099-K (for payment card and third-party network transactions), Form 1099-MISC (for payments not covered by other 1099 forms), and Form 1099-NEC (for ...

Did you make over five grand on a marketplace app? Maybe you're an Uber or Lyft driver and you make some money on the side. Or you sell baked goods or do hair on the weekends, and customers pay you on ...

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year. Here’s why you might be ...

Many small businesses accept credit cards, debit cards, and money transfer app payments as payment options when customers purchase goods and services. If you're among them, you will likely receive ...

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year. Here’s why you might be ...

If you’re a freelancer, business owner, or just have a small side hustle, you should know about the new tax requirement this year for electronic payments through Venmo, PayPal, online marketplaces and ...

The AICPA’s 2025 tax priorities include increasing the reporting threshold for Form 1099-K to $10,000 from the $600 that would go into effect next year, according to a letter Monday to congressional ...

This year, some gig workers, freelancers and small business owners received an unfamiliar IRS tax form: a 1099-K. If you're one of them, how you report this form on your tax return could accidentally ...