What Is a 1099 Form and What Should You Do With It?

You might receive this document if you have freelance work, investment income, retirement distributions or other financial ...
Detroit Free Press

1099-K tax form new to you this year? What it means when filing for 2024

Did you just receive a form called a 1099-K, a form that you never, ever saw in your lifetime? Well, do not ignore any 1099-K that pops up. Take your time to understand this one. More taxpayers will ...
KTVU

2024 tax filing: How to Direct File, 1099-K reportings, and other things to know

The IRS will begin processing 2024 tax returns on Jan. 27. The last day you can file your 2024 taxes without requesting an extension is Tuesday, April 15, 2025. Gig workers who earned more than $5,000 ...
Accounting Today

IRS phases in Form 1099-K threshold at $2,500 in 2025

The Internal Revenue Service extended its transition relief Tuesday for the new Form 1099-K information reporting threshold, setting it at $5,000 for 2024 and $2,500 in 2025 before reaching the ...
Austin American-Statesman

Did you receive a 1099-K tax form? Here's how it affects your tax return

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 ...
JournalofAccountancy

IRS again delays effective date of $600 threshold for Form 1099-K reporting

The IRS again delayed the effective date of the $600 threshold for Form 1099-K reporting for third-party settlement organizations (TPSOs) and will treat 2024 and 2025 as transition years, the Service ...