A payment app or online marketplace like Zelle, Apple Pay, Cash app, etc., must send you a Form 1099-K if the payments you received for goods or services total over $5,000.

For tax year 2024, the threshold to receive Form 1099-K for payments through payment platforms is $5,000. The IRS considers money paid through the platforms for goods and services as income, even ...

Households that received payments from the Gross Reservoir Community Impact Mitigation Fund will receive tax forms starting Monday. Households that received payments in 2023 should expect a 1099-G ...