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

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

   The IRS estimated that the new, significantly lower $600 threshold would have triggered an extra 28 million 1099-Ks being issued in 2024 for reporting income on 2023 tax returns.

3. 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]

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

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

   Ebay confirmed to The Hill that it has “taken steps to comply with the new IRS 1099-K reporting requirements, including collecting social security numbers from customers when they pass the $600 ...

5. Will You Have To Pay Taxes to the IRS When You Resell ... - AOL

   www.aol.com/pay-taxes-irs-resell-tickets...

   The IRS states that reporting thresholds are important because tax compliance “is higher when amounts are subject to information reporting, like the Form 1099-K.” IRS Ticket Sale Rules for 2024

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. The following table provides information for each variant.

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

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

   For this year, if you had more than $5,000 in gross business transactions on a given app or platform, then you, the IRS and your state tax department should all receive a 1099-K reflecting that.