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Did You Earn Money on PayPal, Cash App or Venmo This Year? Watch Out for This Tax Change

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Freelancers and side hustlers who made over $5,000 via third-party payment apps in 2024 will receive tax form 1099-K. Here’s why. After two years of delays, the IRS is finally moving forward with a new tax reporting rule that will impact freelancers and side hustlers. The tax agency will require … 

Read More  CNET