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What You Need To Know About The 1099K For 2022

A 1099-K is a transaction record from third-party payment networks such as PayPal or Venmo and credit card providers. They fill out the 1099-K and send copies to the IRS, state and person receiving the payments. The objective is to ensure people report th…
What is an IRS Form 1099-K? Form 1099-K, Payment Card and Third-Party Network Transactions, is an IRS information return used to report certain payment transactions to improve… https://www.aatrix.com/news/2022/05/what-you-need-know-about-1099k-2022/