Charday Penn | E+ | Getty Images If you’ve accepted payments via apps such as Venmo or PayPal in 2022, you may receive Form 1099-K, which reports income from third-party networks, in early 2023....
Tag: 1099K
Declare the Side Hustle — Americans Are Concerned About the 1099-K Tax Rule for Payments Over $600 – Taxes Bitcoin News
Americans are worried about a new tax reporting requirement that will force applications like Venmo, Cash App, Paypal, Airbnb, and Ebay to send 1099-K forms to users. The U.S. Internal Revenue Service...