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2. PayPal, eBay hassling customers to report sales amid IRS ...

   www.aol.com/finance/ticketmaster-paypal-ebay...

   They may have to report that tax information for the 2023 tax year. ... Ebay confirmed to The Hill that it has “taken steps to comply with the new IRS 1099-K reporting requirements, including ...

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

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

   The law will not affect the amount of taxes owed, but it will change how you report income with 1099-K forms. The changes were supposed to take effect for the 2023 tax year, but they have been ...

4. 4 Things Small Business Owners and Freelancers Should ... - AOL

   www.aol.com/4-things-small-business-owners...

   This applies to third-party payment processors such as PayPal, Stripe and Venmo. ... a $600 threshold for requiring 1099-K in effect for 2023, according to TurboTax. ... 1099-K reporting by third ...

5. 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.

6. 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]

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

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

   If you’ve earned more than $600 from a side hustle or a client that paid you via a third-party app, you most likely will not receive a 1099-K to include in your 2023 tax returns.

8. Form 1099-MISC - Wikipedia

   en.wikipedia.org/wiki/Form_1099-MISC

   In the United States, Form 1099-MISC is a variant of Form 1099 used to report miscellaneous income. One notable use of Form 1099-MISC was to report amounts paid by a business (including nonprofits [1]: 1 ) to a non-corporate US resident independent contractor for services (in IRS terminology, such payments are nonemployee compensation), but starting tax year 2020, this use was moved to the ...

9. Tax information reporting - Wikipedia

   en.wikipedia.org/wiki/Tax_information_reporting

   These are only a few of the federal forms.States have many equivalent forms and reporting requirements. Taken together, these tax information reporting forms touch hundreds of millions of individuals and businesses, and require a large time commitment on the part of businesses, nonprofit organizations, and educational institutions to administer, prepare and file.