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Don't panic. Here's what you need to know about this tax from. The IRS said the 1099-K form is a report of payments you received for goods or services during the year if you made any money or ...
Those payments shouldn’t generate a tax form and trigger an income tax bill if you mark them as such, but mistakes happen. If you receive a 1099-K that you shouldn’t have, you should contact ...
The federal rule that would have required crypto platforms to report users’ transactions to the IRS has officially been scrapped.
However, companies have until mid-February to send tax forms disclosing other sources of income — including 1099-B and 1099-MISC forms. Many taxpayers now receive these documents electronically ...
Your 1099 independent contractor deductions lower ... When filling out your tax form as a self-employed worker, self-employment taxes can be something of a shock. That’s because you’re paying ...
If you're a freelancer, an independent contractor, or earn income from sources outside of a traditional job, you should receive a 1099 tax form by Feb. 15. Employers are generally required to ...
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