No, the IRS Isn't Taxing Money You Send to Family and Friends on PayPal, Venmo or Cash App

byiShook Opinion
Dec 4, 2024 - 20:25

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Third-party payment platforms will issue 1099-Ks for individuals who earned over $5,000 in income via payment apps last year.

Third-party payment platforms will issue 1099-Ks for individuals who earned over $5,000 in income via payment apps last year.