Robert explains the IRS’s 1099-K rules for Venmo, CashApp and PayPal: nothing about what’s taxable changed, but many people will see forms for the first time. His advice: keep a separate payment-app account for anything potentially taxable.
Robert explains the IRS’s 1099-K rules for Venmo, CashApp and PayPal: nothing about what’s taxable changed, but many people will see forms for the first time. His advice: keep a separate payment-app account for anything potentially taxable.