If you freelance, side hustle or sell products online, you're most likely familiar with the Form 1099-K. It's a form that specifically reports card payments and transactions from online platforms, apps or payment card processors. The 1099-K rules have changed a few times throughout the years, and they're changing again for 2025 and beyond. So if you get paid through apps like PayPal, Venmo or marketplaces like eBay or Etsy, this is something you'll want to pay attention to.
