Keep a copy of the original form and all correspondence with the issuer for your records, the agency said. Don’t delay filing your tax return even if your 1099-K is incorrect, the IRS said.

Unlike a full-time employee whose taxes are deducted from their paycheck, if you're an independent contractor, it's your job ...

Unlike a full-time employee whose taxes are deducted from their paycheck, if you're an independent contractor, it's your job to pay taxes on your own—and you'll want as many 1099 tax deductions ...