You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.
Consumer downloads of apps like Cash App and Venmo dropped in the fourth quarter compared to the year-ago period, data from Wolfe Research shows.
The IRS has established some reporting rules for income that's received on P2P payment platforms such as Venmo including thresholds at which you must report.
You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year. Courtney Johnston is a senior editor leading the CNET Money team.
If you're a freelancer, business owner or someone who occasionally makes money on the side, you need to know about the new tax reporting requirement for PayPal, Venmo, Cash App and other third ...
Clint and Lebra Johnson were stunned when they received a 1099-K tax form in the mail that showed Clint collected $9,306.57 through 427 transactions, all in November. The ...
South Carolina prison inmates led a crime ring responsible for obtaining $5 million in fraudulent COVID-19 unemployment ...
Market research firm eMarketer estimates Zelle will have 97 million American users in 2025, followed by Venmo’s 76 million and Cash App’s 55 million. Only about 55 million Americans use X ...
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