A 1099-K form is issued by credit card companies and third-party settlement organizations (TPSOs) — think payment apps and ...
Independent contractors, the IRS, and some state governments need 1099 forms. Learn how to report non-employee compensation.
A freelance writer filing as a self-employed worker for the first time tests TurboTax and IRS Free File, and picks a winner.
Make sure to check out picks before you fill out your bracket. Peter Clarke has been in the digital media business for 14 years after obtaining his journalism degree from the University of King's ...
Editor’s note: The following was written by Shannon Sand, regional Extension educator for the University of Nebraska, for the university’s Center for Agricultural Profitability website.
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation.
It’s widely available for free, both as a digital, fillable PDF and a printable, physical document. Most players will recognize this sheet, so they can help you learn to use it if you’re feeling stuck ...
This year, some gig workers, freelancers and small business owners received an unfamiliar IRS tax form: a 1099-K. If you're one of them, how you report this form on your tax return could ...
Other types of income, whether from contract work or investment income, get reported via a 1099 form. These 1099 forms start hitting your mailbox (and/or email inbox) in January (and even December ...
If you said yes to any of these, be prepared to receive a 1099-K from the Internal Revenue Service. Asking yourself what's a 1099-K? Don't panic. Here's what you need to know about this tax from.
1099-K forms are for business transactions on payment apps If you use multiple apps, you could receive multiple forms Threshold for most states is $5,000 — though some are lower A rule established in ...