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 Form 1099 K Rev January Payment Card and Third Party Network Transactions 2022

1099 K 2022-2025 Form

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How to report 1099 k income on tax return

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Instructions and help about what is 1099k

hey there this is Anton with text Law Offices all right what is this form 1099-k let's talk about it [Music] again this is Anton with tax law offices uh Hey stick around to the end of the video because I I want to post another video that I think is going to help on this issue but we're going to talk about this form 1099-k okay quick moment here what is it it's basically a report of of proceeds that were received through a merchant account now what's in a merchant account well if you accept Mastercard Visa like if you use stripe or Square well then you're going to receive a 1099k for those proceeds through a merchant account now I'm not sure whether uh venmo stripe I'm sorry not sorry but venmo uh cash app whether they're going to send you a form 1099 NEC for for non-employee compensation or whether they're going to send a 1099k it works the same either way I want you to make sure that you turn that into your tax re

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