You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.
Previously, only self-employed workers who netted at least $20,000 through Venmo, PayPal, CashApp, Stripe and similar apps received a 1099-K, which is used to report income from payment apps ...
Scammers are using PayPal to send payment requests to ‘ email inboxes, often repeatedly to create a sense of urgency.
In an age where few people are carrying around cash, peer-to-peer (P2P) payment apps like PayPal, Venmo, Cash App and Zelle make it easy to send and receive ... are not just using the apps for ...
If the client paid you via PayPal, you'll also receive a 1099-K from the payment app for those same earnings. You do not need to report your earnings twice. If you often don't receive tax forms ...
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