IRS Warns Americans Over $600 Threshold To Report Venmo, PayPal Payments. The IRS is interested in transactions involving part-time work, side gigs, and selling goods, according to the agency. Before this year, the threshold for filing a Form 1099-K report was at least 200 transactions or $20,000. (nypost.com)
The fed - can’t account for trillions of dollars
The IRS - Goes after jo shmo over $600
You are a slave.
Just me in particular or are we all due to taxes?
12 yrs and counting
Audit me Nigga
The IRS should check Hunter Biden's payments.
Get ready! This started in Virginia 2 years ago. Wife made $800 selling bullshit on eBay and Facebook. Because we got a 1099k per Virginia law, we still had to report federally. Brought the refund down 2K and had to pay 2k estimated taxes. She had to quit her petty cash hobby!
"We still had to" hahaha had to what? Kiss the ring out of fear? Bow down sissy. Kiss the ring!
Yep. Still gonna file a tax return, just like Trump.
People are just going to refrain from those things. For the most part.
That’s the government’s plan.
600 is now worth 400.
Who’s accounting for the billions to Ukraine?
I don't consent. I dont recognize their authority. I will shoot my way out if need be. I am a patriot. Not a slave. Period