CNN —
Heads up to anyone who is a freelancer, independent contractor, business owner, property renter or just a hobbyist who occasionally sells their creations: If you accept business-related income through a payment app or online marketplace like Venmo, CashApp, Airbnb and Etsy, come January you may start receiving 1099-K tax forms from the platforms where you do business.
You may get more of them than you’re used to receiving — especially if you’ve never received one from the platforms before. And you’ll be getting even more in 2025 and beyond.
Here’s why and
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