Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
Venmo, Zelle and PayPal must now report $600+ transactions to IRS
(
nbcnews.com
)
14 points
by
chirau
on Jan 7, 2022
|
hide
|
past
|
favorite
|
3 comments
landemva
on Jan 7, 2022
|
next
[–]
I had understood the mentioned firms are going to do this reporting voluntarily. Glad I dropped PayPal a year ago (locked my funds, terrible communication, awful customer care).
csben
on Jan 7, 2022
|
prev
|
next
[–]
It looks like reporting is only required for commercial transactions. Reporting for personal transactions hasn't changed.
sharemywin
on Jan 7, 2022
|
prev
[–]
That's annual total I'm pretty sure.
Consider applying for YC's Spring batch! Applications are open till Feb 11.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
