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 ...
In a letter to congressional finance leaders, the AICPA listed increasing the threshold to $10,000 as one of its priorities.
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What Is a 1099 Form and What Should You Do With It?For the 2023 tax year, third-party processors need ... funds processed by a third-party processor in 2024 should receive Form 1099-K. New rules that would reduce the threshold to $600 were ...
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