Money reported on a 1099 form is generally taxable, but not always – for example, you’ll receive a 1099 reporting withdrawals from 529s and HSAs but the money may not be taxable if you used it ...
Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...
Expect IRS tax form 1099-K detailing any earnings over ... money your roommate sends you through Venmo for dinner is not taxable, but money received for a graphic design project might be.
Money reported on a 1099 form is generally taxable, but not always – for example, you’ll receive a 1099 reporting withdrawals from 529s and HSAs but the money may not be taxable if you used it ...