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2. Taxes 2024: Venmo & Cash App Won’t Be Sending 1099’s - AOL

   www.aol.com/taxes-2024-venmo-cash-app-181801730.html

   Although originally planned, the IRS announced that it's delaying a new tax reporting law for third-party payment services like Zelle, Cash App, PayPal and Venmo to report earnings over $600 to the...

3. 1099-K tax form new to you this year? What it means when ...

   www.aol.com/1099-k-tax-form-means-150056132.html

   You would have to have pushed above that $5,000 threshold in 2024 to receive a 1099-K for this tax season. ... The American Rescue Plan Act of 2021 revamped reporting requirements for third-party ...

4. If You Use PayPal or Other Third-Party Apps for Your ... - AOL

   www.aol.com/paypal-other-third-party-apps...

   2024 tax year: Anyone who received $5,000 or more on a third-party payment app will get a 1099-K form, per the IRS. 2025 tax year: The threshold drops to $2,500, 2026 tax year: The amount ...

5. Form 1099 - Wikipedia

   en.wikipedia.org/wiki/Form_1099

   Form 1099 is also used to report interest (1099-INT), dividends (1099-DIV), sales proceeds (1099-B) and some kinds of miscellaneous income (1099-MISC). Blank 1099 forms and the related instructions can be downloaded from the IRS website. The following table provides information for each variant.

6. Heads up if you’re a freelancer or small business owner: The ...

   www.aol.com/heads-freelancer-small-business...

   But, generally speaking, the IRS expects you to report information from all the 1099-Ks you receive on your 2024 return, and then adjust for any errors either on that return or via an amended ...

7. Watch out, eBay sellers—the IRS knows more about your side ...

   www.aol.com/finance/watch-ebay-sellers-irs-knows...

   The IRS is implementing long-planned changes to 1099-K reporting standards. ... There is a $5,000 threshold for the 2024 tax year, $2,500 for 2025 (reported on next year's tax forms), and $600 for ...