If you make extra cash from gig work or selling stuff online, Trump and Congress just made your life a little easier with this tax change

“The 1099-K course correction is a big win for transparency, simplicity and common sense.” ...
Forbes

One Big Beautiful Bill Act Changes Form 1099 Reporting For Gig Workers And Those Who Use Payment Apps Like PayPal For Business

Under the new law, reporting thresholds for Form 1099-K (for payment card and third-party network transactions), Form 1099-MISC (for payments not covered by other 1099 forms), and Form 1099-NEC (for ...
Forbes

From Taylor Swift Tickets To Etsy Sales, IRS Clarifies When You Might See Form 1099-K

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.
USA Today

Selling your football tickets for big money? When you can expect a 1099-K

New rules are yet again in store for 2025 sales of tickets and other goods and services online. Sellers flagged as 'business' or 'professional' sellers on platforms may get 1099-K forms at lower ...