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Reviewed by Lea D. UraduFact checked by Jared EckerReviewed by Lea D. UraduFact checked by Jared Ecker What Is Schedule K-1?
A copy of this form will be sent to the IRS as well. The 1099-K reporting threshold will eventually decrease to $600.
Tax season is here, and the deadline to file your 2024 federal income tax return (Form 1040) is April 15, 2025. How Many People File Income Taxes? In 2023, 163 million federal tax returns were ...