Each January, your mailbox and email are likely filled with tax forms. You'll receive a W-2 reporting your wages if you work for an employer. But if you do any self-employed or freelance ...

In a letter to congressional finance leaders, the AICPA listed increasing the threshold to $10,000 as one of its priorities.

What Tax Forms Do I Need to File Taxes? The forms you need to file taxes depend on your financial activities throughout the year. Below are some of the common tax forms organizati ...

money received from friends and family as a gift or repayment for a personal expense should not be reported on a Form 1099-K. The payments aren't taxable. Here are some examples of non-business ...

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 ...

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year. Here’s why you might ...

The Essential Income REIT’s 2024 distributions to investors were reported as 62.24% nontaxable for federal and state income tax purposes (1099-DIV). The Section 199A deduction for REITs further ...