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2633510Discussions
165602Questions Answered
I have a friend that transfer money through Zelle in the amount of $600.00. Am I now going to be taxed on this?
ekaloustianjr ‎Posted 4 weeks ago | Latest post 4 weeks ago by Lizy0312
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If friends and family members have paid me over $600 using the Family and Friends option on PayPal, not for goods and services, do I have to claim it on my taxes?
mkbrenner ‎Posted 4 weeks ago | Latest post 4 weeks ago by Opus 17
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The website/app says that all transactions have been updated and that it has good connectivity to USAA. However, only my checking account transactions are flowing in. My credit card transactions haven't been updating the past two weeks. How can I fix... read more
Magicmarge ‎Posted 2 weeks ago | Latest post 7 hours ago by dss440
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I just became a consultant for a company, an independent contractor. It's part-time but I do earn more than $600/mo. My questions are, how can I make sure I'm deducting enough taxes and do I need to file quarterly? Thank you, Michael
MichaelDK ‎Posted 4 weeks ago | Latest post 4 weeks ago by Patrice1986
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Hi. I regularly send family (and sometimes friends) money ($25 min up to $1,000 max) through Zelle, CashApp, and Venmo. Do I have to pay taxes on my own money that's sent as a gift or to pay half of a joint bill or even from one account to another at... read more
NC2VAKay ‎Posted 4 weeks ago | Latest post 4 weeks ago by Donna F 77
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In our past #CommunityChatter installments we've shared about making big financial decisions, organizing your time, and work from home hacks. This week we're having a little fun and playing a little game of "Would You Rather"! What if you could have ... read more
Moderator ‎Posted Friday | Latest post Sunday by tagteam
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The USSFCU changed online software and while my login is correct, it is not updating, but also not givin me the opportunity to fix, it's just saying, "We can't update your United States Senate Federal Credit Union (DC) data right now. Let's try again... read more
JSM71 ‎Posted Wednesday | Latest post Friday by mainuser
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When it comes to issuing a 1099-K do you issue them with the gross or net amount the 1099-k received? Meaning sometimes companies have a take rate portion before the contractor receives their portion. I have received a 1099-k in the past it shows a h... read more
maraoz_p2022 ‎Posted 4 weeks ago | Latest post 4 weeks ago by KochuK
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95% of everything I sell on eBay & Mercari is at a loss. None of it is "Profit"... I sell for someone else who just wants to get rid of the items she has collected over the years. She does not have receipts. How do I handle this? Do I have to list ev... read more
Meldanfish ‎Posted 4 weeks ago | Latest post 4 weeks ago by Bsch4477
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I see every other payment app being listed beside zelle regarding $600 income taxes 1. is Zelle a wire transfer? 2. Do you pay taxes when receiving “tips/ splitting the bill” when $600 has been reached on Zelle 3. Will Zelle send a 1099 Form?
toastpost89 ‎Posted 4 weeks ago | Latest post 4 weeks ago by Laura_CPA
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