PayPal will be reporting a 1099-K for a $600 threshold in 2022.
I frequently send money to my wife using a credit card and use PayPal QR-code (because of lower transaction fees).
This is NOT income.
PayPal has informed me that they will anyway need to send us a 1099-K for this in Jan 2023.
We file a joint tax return. How do we enter and deal with the 1099-K? We shouldn't have to pay taxes on our own money....
