Taxing Questions by David Zubler ...

There’s a growing mismatch between how taxpayers think crypto taxes work and how the IRS now expects them to be handled, says ...

I've been tracking identity theft cases since mid-February involving 1099-K forms in the mail. Those cases have prompted me to request documents from the Federal Trade Commission.

Some 1099 Money Isn’t Taxable There are some situations in which money reported on a 1099 form is not taxable, so you’ll need to be careful when you put the numbers in your return.

I am still waiting for the company's response on what Cash App is doing to make this process easier for all identity theft victims needing fraudulently opened accounts closed, and new 1099-K's issued.

A 1099-K form is a relatively new IRS income tax form that freelancers and business owners who earned more than $5,000 through third-party payment platforms in 2024 may receive.

A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services total over $5,000.

A financial adviser would be looking at the 1099-B that comes from the custodian of your investment accounts. If they see a lot of gains and no losses to offset them, it sets off red flags.

What Gamers Need To Know About The 1099-DA “Starting the first of January, 2025, the 1099-DA is a new form that is indirectly connected with gaming,” Flores says.

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during 2024 was more than $5,000.