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Venmo
My coworker was recently diagnosed with cancer & we designed shirts to sell to support him & raise money for him. People venmoed me money to pay for the shirts & Venmoed me donations to give to him. I know I’ve read in Virginia if you receive more than $600 in Venmo, you get a 1099. I just don’t know what to do about this because I did not make any money off of this, none of it went to me so therefore I do not want it to be included in my income/taxes. The money was used to pay for the shirts & the rest was given to my coworker who’s sick.
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August 19, 2024
10:44 AM