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Reload this Page New Payapp regulations
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Old 01-09-2022, 10:05 PM   #1
DoubleEagle
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Default 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.
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Old 01-10-2022, 04:42 AM   #2
DEAR_JOHN
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Quote:
Originally Posted by DoubleEagle View Post
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.

Just another reason why cash is king.
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Old 01-10-2022, 05:50 AM   #3
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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.
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Old 01-10-2022, 07:07 AM   #4
hexecutive1
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i dropped Venmo because they wanted my ss. I figured it was for this reason.
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