Similar Stories to Were You Paid Over Paypal Or Venmo? The Irs May Try To Tax Your Money. on Bing News

Millions of taxpayers could face tougher income-reporting requirements on payments made over Venmo, PayPal or Cash App.      

Topics:  venmo   paypal   cash app   tax   
BING NEWS:
  • IRS is changing rules with payment apps like Venmo and Paypal to stop people from dodging taxes
    IRS is changing rules with payment apps like Venmo and Paypal to stop people from dodging taxes.
    12/29/2024 - 10:48 am | View Link
  • IRS confirms – if you receive more than $5000 through Cash App or PayPal, you need to fill out this form – do it before it’s too late
    The IRS is finally moving ahead with a new tax-reporting requirement for freelancers paid through third-party apps after several delays. If you’ve earned ...
    12/27/2024 - 11:30 pm | View Link
  • New IRS Update Requires Form 1099-K For Payments Of $5K+ Received Through Cash App Or PayPal
    The IRS is now requiring freelancers to report payments of $5,000 and up received via third-party apps like CashApp, PayPal, or Venmo.
    12/27/2024 - 12:05 pm | View Link
  • Attention Texas Venmo And Cashapp Users – You Need To Know This New Law
    In a recent press release, the IRS confirmed that third-party payment platforms (PayPal, CashApp, Venmo, Zelle, and others) will soon report transactions that total above a certain amount to the ...
    12/23/2024 - 6:46 am | View Link
  • Did You Make $5,000 or More via PayPal, Venmo or Cash App? The IRS Will Know About It
    If you earned more than $5,000 in income via third-party apps, you should get a 1099-K to file with your tax return.
    12/23/2024 - 3:29 am | View Link
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