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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

   Receiving 1099-K Forms can simplify tax returns for freelancers: Currently, you receive a 1099-NEC form from each client or entity that pays you $600 or more each year if you’re self-employed ...

3. Does Zelle Report to the IRS? Your Guide to Taxes and Zelle - AOL

   www.aol.com/does-zelle-report-irs-guide...

   However, if you are a gig worker or have a side hustle selling items and receive payments from customers through Zelle, PayPal or CashApp, you may get a 1099-K from the network. For example, if ...

4. How To Avoid Accidentally Paying Tax on Money Received ...

   www.aol.com/finance/avoid-accidentally-paying...

   Since the Internal Revenue Service reported that third-party payment processors will be responsible, starting in 2022, for reporting payments issued on a 1099-K form, people who use these ...

5. How freelancers and gig workers can prepare for changing tax ...

   www.aol.com/freelancers-gig-workers-prepare...

   For the current tax year, freelancers and small business owners still only need to use 1099-K forms to report third-party app payments totaling $20,000, and any number of payments above 200.

6. How To File Taxes When You Have Multiple Jobs - AOL

   www.aol.com/file-taxes-multiple-jobs-160108447.html

   Greene-Lewis pointed to TurboTax’s latest tax trend report, which found that 8.1% of tax filers included a form (1099-NEC or 1099-K) on their tax year 2022 taxes, indicating that they are self ...

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

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

   A rule change that greatly increases the reporting responsibility of third-party payment platforms to issue 1099-Ks to users was supposed to go into effect in 2021. But the IRS postponed ...