I don't uderstand the new Venmo tax rule... If I get rent money from a room mate via Venmo for half the rent, is that going to be taxable?

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I don't uderstand the new Venmo tax rule... If I get rent money from a room mate via Venmo for half the rent, is that going to be taxable?

The tax rule only applies to the limit for issuing a tax form but does not affect what is actually taxed.

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