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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...

   The income threshold for Form 1099-K was lowered to $600 as part of the American Rescue Plan Act (ARPA) of 2021. Prior to ARPA’s passage, only total payments of $20,000 or more, and more than ...

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

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

   Taxpayers will receive a 1099-K from payment card companies, ... Granted, the IRS has noted, that all income, no matter the amount, is taxable unless it’s excluded by law whether a Form 1099-K ...

4. IRS 1099 Tax Form Explained: Here’s Everything You ... - AOL

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   A 1099-K must be filed when your transactions exceed $20,000 or 200 transactions in number. ... and the discounted amount is considered interest income. Form 1099-OID, Original Issue Discount, is ...

5. Form 1099-K - Wikipedia

   en.wikipedia.org/wiki/Form_1099-K

   Form 1099-K, 2015. In the United States, Form 1099-K "Payment Card and Third Party Network Transactions" is a variant of Form 1099 used to report payments received through reportable payment card transactions (such as debit, credit, or stored-value cards) and/or settlement of third-party payment network transactions. [1]

6. 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.

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

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

   “If (the 1099-K) is not business income, or it is for personal transfers of money between family and friends, or it is for the sale of personal items at a loss, it still has to be reported ...