There's no sure way to predict an IRS audit, but if you're self-employed, these ten "red flags" could increase your chances ...

The IRS has established some reporting rules for income that's received on P2P payment platforms such as Venmo including thresholds at which you must report.

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

The income tax deadline is April 15 for most taxpayers. But taxpayers in Florida, North Carolina, and other areas hit by ...

If you have a tax paper from someone other than your employer, you may have received a 1099. But what does the form mean, and why did you receive yours? IRS Form 1099 is informational. This means that ...

The IRS currently requires any third-party payment apps like Cash App and Venmo to send a 1099-K to the IRS and individuals if they earned more than $20,000 in commercial payments ...

You'll include the income you earned that's listed on your 1099-K by filing a Schedule C (an IRS ... at a loss. If you have a side hustle where you buy items and resell them for a profit via ...

Anyone who earned more than $5,000 in 2024 selling tickets, musical instruments or other goods and services online should expect to get a 1099-K tax form ... Schedule C that is used to report income ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...