Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

You'll want to see any forms the IRS sees. Each Form 1099 is matched to your Social Security number, so the IRS can easily spew out a tax bill if you fail to report one. If you don’t include the ...

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

IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...

Your 1099-R tells the IRS a story about your IRA distributions. But what if the story is not true? If a distribution was made from your IRA during 2024, your IRA custodian must send you a Form ...

Self-employed people who send and receive payments using things like PayPal, Venmo and CashApp get a special tax form, called a 1099-K. Usually though, they’d only receive one if they made at ...

Did you just receive a form called a 1099-K, a form that you never ... you're not going to face a tax bill. You lost $300 on that deal. On the other hand, the IRS notes, if you bought concert ...