News

The proceeds from a sale could be also reported on Form 1099-K. The IRS FAQ used an example in which a taxpayer received $900 for tickets that cost $500. The 1099-K will show $900. It's up to the ...
The Internal Revenue Service updated its frequently asked questions Wednesday about Form 1099-K, the information return used for reporting transactions involving payment cards and third-party networks ...
Key tax form and withholding procedures will remain unchanged next year as IRS opts for a delayed rollout of President ...
This article is more than 2 years old. The IRS has announced that businesses can now file Forms 1099 using a new online portal called the Information Returns Intake System, or IRIS.
The Internal Revenue Service said Tuesday it would postpone the $600 threshold for reporting transactions on Form 1099-K for the second year in a row, and begin to phase in a threshold of $5,000 ...
The Internal Revenue Service revised its frequently asked questions on the Form 1099-K to alleviate confusion this filing season. The Form 1099-K has been of particular concern in recent years after ...
Forms 1099-QA and 1098-F: Purpose and Requirements Form 1099-QA: Distributions From ABLE Accounts Form 1099-QA is an IRS tax form filed by states, their agencies, or their instrumentalities.