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?
mkbrennerPosted 4 weeks ago
| Latest post 4 weeks ago by
Opus 17
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
MagicmargePosted 2 weeks ago
| Latest post 11 hours ago by
dss440
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
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
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
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
JSM71Posted Wednesday
| Latest post Friday by
mainuser
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
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
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?
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