Taxes are due this year on April 15. But maybe you decided to file your tax return early so your refund could hit your bank account sooner. That may have been more than feasible if you had all of ...

You'll receive a 1099-K form if you use a third-party payment service, such as PayPal, Venmo or CashApp, to receive freelance income and you earned $5,000 or more via these platforms in 2024. The ...

Employers and financial institutions have to send W-2 and 1098-T forms, among others, by Jan. 31, while 1099 forms generally have a deadline of Feb. 18. The Schedule K-1 forms tend to arrive later ...

If you find out later that your W-2 or 1099 forms provide different information, you'll need to file an amended return using Form 1040-X. Filing your taxes is no easy feat ...

If you receive the form incorrectly, you can ask the provider for an amended 1099-K with your explanation of what is wrong. You can also just enter the correct amount on your 1040’s Schedule 1.

There are 10 things you should know about 1099s and how they can impact how much tax you might owe. Not all 1099s are the same but they all represent some type of income.

Deadlines for sending 1099 forms and filing with the IRS You must file Form 1099-NEC with the IRS and send a copy to all recipients by January 31. If you’re filing fewer than 10 forms, you can ...

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.

Don’t submit a WH-1612 or paper copies of your W-2 and 1099 forms after filing electronically. Don’t use hyphens in the “numeric only” fields for SSNs, FEINs and Withholding account numbers.

SALEM, Ore. (KATU) — The Oregon Employment Department (OED) has identified errors in some 1099-G tax forms issued in January for Unemployment Insurance benefits paid in 2024. Approximately ...

Why did I get multiple tax forms for the same income? As a freelancer or gig worker, you may also be used to receiving either a form 1099-MISC or 1099-NEC for the work that you do. Companies are ...