More taxpayers will be bewildered when a 1099-K hits the mailbox this tax season. And the temptation might be to pitch it, which would be exactly the wrong thing to do. This year, taxpayers will ...
For this first year, the minimum is $5,000 — so if you earned at least that much via a payment app in 2024, you (and the IRS) should receive a Form 1099-K. Form 1099-K How does the "$600 rule" work?
To file your taxes, you will need a host of documents, including personal information and income. Here is what you need, according to the IRS. Personal information: Income: Paycheck stubs W-2 form ...