1040 (2024)| www.irs.gov
IRS new reporting requirement for payments for goods and services lowers the threshold to $5,000 USD for calendar year 2024, $2,500 for calendar year 2025, or $600 for calendar years 2026 and beyond. PayPal will report these transactions.| www.paypal.com
Do you have questions about tax reporting thresholds? You can view information specific to this change and how it may impact you here.Information provided by Venmo is not intended to be and should ...| Venmo
Learn everything you need to know about the independent contractor 1099 form, including the types, how to complete them, and common mistakes to avoid.| Joist
IR-2024-04, Jan. 8, 2024 — The Internal Revenue Service today announced Monday, Jan. 29, 2024, as the official start date of the nation’s 2024 tax season when the agency will begin accepting and processing 2023 tax returns.| www.irs.gov