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The IRS again delays law that would have required Ticketmaster, Venmo, and others to issue 1099-Ks to those with more than $600 in revenue in 2023.

Meanwhile, the IRS also reminded the public that business income has always been taxable, and it’s still up to Americans to report such profits even if they don’t receive a Form 1099-K.

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 rules for when you'll be issued a 1099-K for online ticket sales and other transactions changed again, thanks to the 'One ...

The way Americans use payment apps like PayPal and Venmo has changed, and so have the rules for what gets reported to the ...

The IRS offered a draft of the 1099-DA form that would be meant to figure out the taxable gains or losses when brokered digital assets change hands.

A rule established in 2023 requires third-party payment apps to send you a 1099-K tax form if you meet a certain monetary threshold of business payments.

Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...

IRS Commissioner Danny Werfel defended his agency’s delay of the implementation of a lower threshold for reporting income on Forms 1099-K, telling a House committee on Thursday that his office has the ...

Reviewed by JeFreda R. Brown Fact checked by Michael Rosenston Interest earned on all U.S. Treasury securities, including Treasury bills (T-Bills), is exempt from taxation at the state and local level ...