- IRS is targeting all crypto users starting in January, anyone who uses apps such as Paypal, Venmo, Zelle, etc and have transactions that exceed $600 per YEAR must be reported. This is up from $20,000/year. https://www.cnn.com/2021/11/09/success/payment-app-tax-reporting-feseries/index.html 133 comments goldandblack
Linked pages
- Breaking News, Latest News and Videos | CNN https://www.cnn.com 108046 comments
- About Form 1099-MISC, Miscellaneous Income | Internal Revenue Service https://www.irs.gov/forms-pubs/about-form-1099-misc 9 comments
- Press Release: New U.S. Tax Reporting Requirements: Your Questions Answered https://newsroom.paypal-corp.com/2021-11-04-New-US-Tax-Reporting-Requirements-Your-Questions-Answered 9 comments
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