The information reporting form, IRS Form 1099-K (Payment Card and Third-Party Network Transactions), is used to track business payments made through credit or debit card and peer-to-peer services such ...
The Southern Maryland Chronicle on MSN

IRS Eases 1099-K Rules with $20K Limit

The Internal Revenue Service issued updated frequently asked questions on Form 1099-K on Oct. 23, 2025, clarifying reporting ...
The Internal Revenue Service released several key updates last week implementing provisions of the One, Big, Beautiful Bill (OBBB), including temporary reporting relief for auto lenders, new ...
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.
(CBS Detroit) --Michiganders who received unemployment benefits this year have until Jan. 2, 2022, to request an electronic copy of their 1099-G tax form, according to the Michigan Unemployment ...
The fix from Congress in 2021 was a lower $600 threshold amount for Form 1099-K set to take effect in the 2022 tax year, meaning forms that would be distributed in early 2023. However, under pressure ...
Did you collect jobless benefits in 2021? Then you're going to need to sit back and wait to file your federal income tax return until you make sure you have all the right numbers in hand. Michigan ...
Well, Congress has stepped in it, at the request of the IRS, then the IRS has delayed the start of it again. What am I talking about? Closing the reporting loophole started with the rise of third ...
HARRISBURG, Pa. — The Wolf administration on Thursday issued additional guidance to Pennsylvania residents who claimed unemployment compensation (UC) benefits last year and are preparing to file their ...
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(WXYZ) — Recipients of unemployment benefits can now choose an online option to receive the 1099-G tax form. The Michigan Unemployment Insurance Agency is offering ...