If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may ...

If you received a total of $5,000 or more through a payment app in 2024, that company is now required to report that amount ...

Self-employment tax requires you to pay 15.3% of your total earnings. This tax is levied to pay into Social Security and ...

If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore ...

You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.

The IRS has identified a surge in deceptive promotions suggesting that self-employed individuals are eligible for a "Self-Employment Tax Credit." These claims are unfounded, as no such credit exists.

Taxpayer was liable for self ... as self-employment income subject to self-employment tax, and reported about $4,300 of income tax liability. The IRS initially assessed a $138 penalty for failure to ...

It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income received outside of a permanent salaried job.

Commissions do not affect our editors' opinions or evaluations. The best mortgage lenders for self-employed individuals can help them achieve the dream of homeownership, even considering their ...

A classically trained French hornist by education, Nick Wolny is a managing editor at CNET, where he oversees the CNET Voices program and branded content division. He is also the finance columnist ...