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

   www.aol.com/finance/taxes-2024-venmo-cash-app...

   Creating separate payment accounts for both personal and business transactions is a smart way to avoid tax confusion later on. ... you’d only receive two 1099-K forms: one from Venmo for the one ...

3. PayPal and Venmo Taxes: Everything You Need to Know - AOL

   www.aol.com/paypal-venmo-taxes-everything-know...

   If you've received at least $600 from apps like PayPal and Venmo, you'll get a 1099-K form. ... The IRS states that users who receive 1099-K forms for personal transactions should contact the ...

4. 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 ...

5. 1099-K tax form new to you this year? What it means when ...

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

   Contact personal finance columnist Susan Tompor: stompor@freepress.com. Follow her on X @ tompor . This article originally appeared on Detroit Free Press: 1099-K: What this tax form means when ...

6. New Tax Rule: Ensure Your Venmo Transactions Aren’t ... - AOL

   www.aol.com/tax-rule-ensure-venmo-transactions...

   IRS rules state that if an organization pays a gig worker via a third-party processor, such as Venmo, the payer does not have to issue a 1099-MISC for that pay. The payment platform must take care ...

7. How freelancers can prepare for changing tax requirements - AOL

   www.aol.com/news/freelancers-prepare-changing...

   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.

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9. Welcome to tax season. What to know before you file - AOL

   www.aol.com/finance/welcome-tax-season-know-file...

   Watch for new 1099-K forms. If you were paid for goods and services you provided through payment apps or via online marketplaces like Venmo, CashApp, Airbnb and Etsy, you may be getting a 1099-K ...