New Payapp regulations

Words out that now these pay apps are gonna send a 1099 at the end of the year to anyone who receives $600+ thru their system. Is gonna make these funds taxable income now.

Words out that now these pay apps are gonna send a 1099 at the end of the year to anyone who receives $600+ thru their system. Is gonna make these funds taxable income now. Originally Posted by DoubleEagle

Just another reason why cash is king.

I always use cash with ladies. The ones that use pay apps r gonna be in for a rude awakening when they have to pay income tax.

i dropped Venmo because they wanted my ss. I figured it was for this reason.