Yes, users of cash apps will get a 1099 form if annual payments are over $600

Описание к видео Yes, users of cash apps will get a 1099 form if annual payments are over $600

Starting next year, if you get more than $600 from cash apps like Venmo, you’ll get a 1099 form. That doesn’t mean you’ll need to pay extra taxes if your friend reimbursed you for something - it’s only for income you should already be paying taxes on.

Read more: https://bit.ly/2Y9qRC4
------------------------------
At VERIFY, we're answering your questions about what's true and false. Visit our website at verifythis.com
If you've seen a viral claim online and you're not sure whether it's true, let us know! Email [email protected] or text us at 202-410-8808.
Find us on social @verifythis.
Facebook:   / verifythis  
Twitter:   / verifythis  
Instagram:   / verifythis  

Комментарии

Информация по комментариям в разработке