Grayox to Memes@lemmy.ml • 2 years agoIRS be likelemmy.mlimagemessage-square41fedilinkarrow-up1942arrow-down132
arrow-up1910arrow-down1imageIRS be likelemmy.mlGrayox to Memes@lemmy.ml • 2 years agomessage-square41fedilink
minus-square@DrPop@lemmy.onelinkfedilink5•2 years agoThat is for businesses, Cash app PayPal venmo etc,to report to the IRS that you had this source of income. 1099k has to deal with Internet transactions. This is absolutely for personal accounts.
minus-square@XeroxCool@lemmy.worldlinkfedilink1•2 years ago Payments you got from family and friends should not be reported on Form 1099-K
minus-square@DrPop@lemmy.onelinkfedilink3•2 years agoYes, yet this is what people are acting as if this regulations are. Keyword here is should.
That is for businesses, Cash app PayPal venmo etc,to report to the IRS that you had this source of income. 1099k has to deal with Internet transactions. This is absolutely for personal accounts.
Yes, yet this is what people are acting as if this regulations are. Keyword here is should.