If you have set up your CashApp for these payments as designated for between friends (personal transfers), you will not likely receive a Form 1099-K. Should a 1099-K be issued nevertheless, you should contact CashApp and clarify that these are not payments for goods or services (but payments between friends), and ask that a corrected 1099-K be issued.
You are correct that this is not income to your friend nor deductible by you. Nevertheless, depending upon the amount of the gift, you may incur a gift tax.
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