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2. 1099-K tax rules: What you need to know if you get paid via ...

   www.aol.com/finance/1099-k-tax-rules-know...

   And that threshold amount is slated to drop even more, with even more people likely to receive 1099-Ks next year: The $5,000 reporting threshold for tax year 2024 drops to $2,500 for 2025 and then ...

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

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

   Last month, the IRS issued official notice that for calendar year 2024 the dollar-limit threshold would drop to $5,000 and further announced the 2025 threshold would be $2,500. Only in 2026 is the ...

4. 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. ... $600 threshold — the limit that the law technically requires — in 2026 and ...

5. IRS delays 1099-K rules for ticket sales, announces new ... - AOL

   www.aol.com/irs-delays-1099-k-rules-180002651.html

   The IRS based the estimate on information from a few large filers and some states that had enacted a similar reduction filing threshold. About 44 million 1099-K forms were expected to be issued in ...

6. The IRS wants to know how much money you’re making ... - AOL

   www.aol.com/finance/irs-wants-know-much-money...

   However, in 2023, the IRS delayed implementation to reduce anticipated confusion by an estimated 44 million 1099-K forms sent to taxpayers. That year, reporting was instead only required for ...

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

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

   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 ...