Did you work a side hustle or freelance gig this year and get paid through PayPal, Venmo, Cash App or another third-party payment app? If so, you may have new rules to follow when filing your tax return next year.You’ll receive tax form 1099-K if you earned more than $5,000 in untaxed income in 2024 and were paid via a third-party payment app. This rule has been delayed two years in a row, and 2024 serves as a transition year to help payment apps prepare for the new reporting requirements. This story is…
