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2. The IRS wants to know how much money you’re making ... - AOL

   www.aol.com/finance/irs-wants-know-much-money...

   Thousands of Americans are in a similar situation and will receive a new form this tax season: the 1099-K. This form is to report payments received on money transfer apps, online marketplaces, or ...

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

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

   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.

5. 4 Things Small Business Owners and Freelancers Should ... - AOL

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

   What Is a 1099-K Form? ... “IRS studies over the years have determined that third-party reporting improves tax compliance,” added Luscombe. ... “Currently for the 2023 tax year, 1099-Ks will ...

6. Rate schedule (federal income tax) - Wikipedia

   en.wikipedia.org/wiki/Rate_schedule_(federal...

   The origin of the current rate schedules is the Internal Revenue Code of 1986 (IRC), [2] [3] which is separately published as Title 26 of the United States Code. [4] With that law, the U.S. Congress created four types of rate tables, all of which are based on a taxpayer's filing status (e.g., "married individuals filing joint returns," "heads of households").

7. Getting Form 1099-K? Here’s What It Means for Your Taxes - AOL

   www.aol.com/finance/getting-form-1099-k-means...

   If you're used to filing with Form 1099-K, it won't surprise you. ... Tax season is underway and one of the most buzzworthy documents has been Form 1099-K. If you're used to filing with Form 1099 ...