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2. IRS ditches new tax requirement for now that would have ... - AOL

   www.aol.com/finance/irs-ditches-tax-requirement...

   The IRS is delaying the new $600 reporting threshold for 1099-K tax ... a move many tax experts believe will help avoid potential chaos this upcoming filing season. ... generated a 1099-K form ...

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

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

   The threshold is currently set to drop again in 2025, which means you'd receive a 1099-K during next year's tax season if you have transactions for more than $2,500 this year.

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

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

   Here’s why and what you need to know before you file your 2024 taxes next year. ... 5,000 and further announced the 2025 threshold would be $2,500. Only in 2026 is the rule scheduled to take ...

5. Don’t File Your Taxes Early Says IRS, Wait for Form 1099-K

   www.aol.com/finance/don-t-file-taxes-early...

   For 2022, anyone who earned just $600 in aggregate through a third-party payment network will receive a 1099-K form. The old threshold, prior to 2022, was more than $20,000 in income over 200 or ...

6. ‘A victory for common-sense’: The IRS has stalled a new tax ...

   www.aol.com/finance/victory-common-sense-irs...

   The $600 threshold will then take effect for 2025, and affected taxpayers can expect to receive their 1099-Ks in time to file their returns in early 2026. ... meet the threshold, Etsy will send ...

7. Misclassification of employees as independent contractors

   en.wikipedia.org/wiki/Misclassification_of...

   Employers must report the incomes of employees and independent contractors using the IRS forms W-2 and 1099, respectively. Employers pay various taxes (i.e. Social Security and Medicare taxes, unemployment taxes, etc.) on the wages of a worker that is classified as an employee. These taxes are generally not paid by the employer on the ...

8. When does tax filing season start? What you need to know ...

   www.aol.com/does-tax-filing-season-start...

   Here is what you need to know about the 2025 tax filing season. ... 2019: Feb. 2. 2018: Feb. 2. ... Zelle, Google Wallet, or other services will get a new form called the 1099-K. In this photo ...

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