The millions of Americans with revenue-generating side hustles and casual sellers may be in for a big surprise this January—an unexpected tax form called the 1099-K. Payment platforms, apps and online ...

IRS is cracking down on your online income. What to know - Millions more taxpayers with online side hustles will receive 1099 ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

A 1099-K form is sent to self-employed people who use third-party payment apps. Its threshold has been lowered from $20,000 ...

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

The agency is cracking down on unreported income from online sales.

The last day you can file your 2024 taxes without requesting an extension is Tuesday, April 15, 2025. Gig workers who earned ...

New tax rules hit in 2025 just in time to trigger more 1099-K paperwork for Detroit Lions ticketholders who are reselling hot ...

Forms 1099, Volunteer Income Tax Assistance (VITA) programs, Form 1099-K relief, deducting taxes, tax filing deadlines, and ...

But in 2025, that number is expected to soar. The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, plummeting each year until $600.

Courtney Johnston is a senior editor leading the CNET Money team. Passionate about financial literacy and inclusion, she has a decade of experience as a freelance journalist covering policy ...

And a key rule changes again in 2025. You'd receive a 1099-K form that would report payments you got for tickets, as well as other goods or services in a year, if you had transactions that are ...