The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, ...

Forms 1099, Volunteer Income Tax Assistance (VITA) programs, Form 1099-K relief, deducting taxes, tax filing deadlines, and ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

With a new year here, that means a new tax filing season is just around the corner. Here is what you need to know.

The new requirement, which is being implemented after a two-year delay, applies to such P2P apps as PayPal, Venmo, and Block ...

But in 2025, that number is expected to soar. The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, plummeting each year until $600.

The IRS is now requiring freelancers to report payments of $5,000 and up received via third-party apps like CashApp, PayPal, ...

The original rule required a third-party platform to send you a 1099-K if you had more than 200 business transactions in a given year on the platform, and only if those transactions combined added ...

If you earned more than $5,000 in income via third-party apps, you should get a 1099-K to file with your tax return. Courtney Johnston is a senior editor leading the CNET Money team. Passionate ...

The IRS said in a release issued on December 19: "There are a number of things taxpayers can do to get ready as the end of ...

Each Form 1099 is matched to your Social Security number, so the IRS can easily issue a tax bill if you fail to report one.