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Self employed
If you are transferring money through Zelle, then a transfer is not considered income, if it is an account transfer, then a 1099K would not be issued. If it is a purchase or exchange of money for goods and services, that will generate a 1099K. It is a function of how the money is sent, so a transfer of funds to friends or family for example would not trigger the 1099K.
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‎August 31, 2022
10:12 AM
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