Each January, your mailbox and email are likely filled with tax forms. You’ll receive a W-2 reporting your wages if you work for an employer. But if you do any self-employed or freelance work, you may ...
Many small businesses accept credit cards, debit cards, and money transfer app payments as payment options when customers purchase goods and services. If you're among them, you will likely receive ...
A classically trained French hornist by education, Nick Wolny is a managing editor at CNET Group, where he oversees the Perspectives franchise and written branded content across CNET Group's ...
Form 1099-K is used to report payments received for goods or services processed through payment apps, online marketplaces, and credit cards. The IRS has issued FAQs to explain when you might get one.
Eric's career includes extensive work in both public and corporate accounting with responsibilities such as preparing and reviewing federal, state, and local tax filings; supporting multinational ...
With tax season just getting started—the season officially opened on January 27, 2025—you’ve likely received several tax reporting forms already, or they are on their way. Here's what you need to know ...
If you received interest income throughout the year, you'll probably receive a Form 1099-INT detailing those payments. Here's what it means and what to do with it. Many, or all, of the products ...
Tax season is well underway, and that means you should have received one or more income statements from employers or any other entities that paid you income in 2024. IRS rules state that all tax ...
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 led the CNET Money team and worked closely with the ...
Although the Internal Revenue Service began accepting tax returns in the last week of January, you're in good company if you haven't started working on yours. After all, the tax filing deadline of ...
When tax season approaches, many Americans will face the prospect of filing their income taxes. For millions of people, this will include their unemployment benefits. Knowing how to file correctly ...
1099 forms report income received by individuals or businesses that is not from traditional employment, like freelance payments, income from investments, retirement distributions and withdrawals from ...