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Getting Paid Through PayPal, Venmo or Cash App? The IRS Wants to Know About It

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This change in reporting requirements will require third-party payment apps to send the IRS a 1099-K for earnings over $5,000 in 2024. Did you work a side hustle or freelance gig this year and get paid through PayPal, Venmo, Cash App or another third-party payment app? If so, you may have new rules … 

Read More  CNET