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I got a 1040 from CashApp but it was all gifts or repayments, not from a business or any profits. Do I still need to claim this?
I received a 1040 form from cashapp because i received over 12,000 but it was all as gifts or repayments. Do I have to pay taxes on gifts? This is really confusing. Im also not even seeing a 1040 form option on the main screen.
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‎April 1, 2023
3:04 PM