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 ...

Businesses must meet the February 18, 2025 deadline to furnish recipient copies of Forms 1099-B, 1099-S, and 1099-MISC (Boxes 8 and 10) ...

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 ...

Payment platforms, apps and online marketplaces must issue a Form 1099-K to anyone who received ... can help lower your income and overall tax bill. Self-employed and gig workers can often take ...

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 ...