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  2. Taxes 2024: Venmo & Cash App Won’t Be Sending 1099’s - AOL

    www.aol.com/finance/taxes-2024-venmo-cash-app...

    Although originally planned, the IRS announced that it's delaying a new tax reporting law for third-party payment services like Zelle, Cash App, PayPal and Venmo to report earnings over $600 to the...

  3. How To Avoid Accidentally Paying Tax on Money Received ...

    www.aol.com/finance/avoid-accidentally-paying...

    Find: 5 Ways to Transfer Money From One Bank to Another. Zelle offers fee-free transfer of funds between U.S. bank or credit union accounts. At least one person – either the sender or recipient ...

  4. Does Zelle Report to the IRS? Your Guide to Taxes and Zelle - AOL

    www.aol.com/finance/does-zelle-report-irs-guide...

    However, if you are a gig worker or have a side hustle selling items and receive payments from customers through Zelle, PayPal or CashApp, you may get a 1099-K from the network. For example, if ...

  5. Heads up if you’re a freelancer or small business owner: The ...

    www.aol.com/heads-freelancer-small-business...

    The original rule required a third-party platform to send you a 1099-K if you had more than 200 business transactions in a given year on the platform, and only if those transactions combined added ...

  6. How freelancers can prepare for changing tax requirements - AOL

    www.aol.com/news/freelancers-prepare-changing...

    For the current tax year, freelancers and small business owners still only need to use 1099-K forms to report third-party app payments totaling $20,000, and any number of payments above 200.

  7. How freelancers and gig workers can prepare for changing tax ...

    www.aol.com/freelancers-gig-workers-prepare...

    For the current tax year, freelancers and small business owners still only need to use 1099-K forms to report third-party app payments totaling $20,000, and any number of payments above 200.

  8. IRS ditches new tax requirement for now that would have ... - AOL

    www.aol.com/finance/irs-ditches-tax-requirement...

    The Internal Revenue Service is delaying the new $600 reporting threshold for 1099-K tax forms, a move many tax experts believe will help avoid potential chaos this upcoming filing season.

  9. Venmo, PayPal and Zelle must report $600+ in transactions to IRS

    www.aol.com/news/venmo-paypal-zelle-must-report...

    As of Jan. 1, mobile payment apps like Venmo, PayPal, Zelle and Cash App are required to report commercial transactions totaling more than $600 a year to the IRS.

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