topic Venmo new income tax law in Self employed https://ttlc.intuit.com/community/self-employed-group/discussion/venmo-new-income-tax-law/01/2768216#M7223 <P>My tenants pay their rent to my Venmo account. It is set as friends and family. However, I already claim this income when I file taxes. What do I need to do in order not to count this as income twice?</P> Tue, 10 Mar 2026 05:45:19 GMT lmayfield10 2026-03-10T05:45:19Z Venmo new income tax law https://ttlc.intuit.com/community/self-employed-group/discussion/venmo-new-income-tax-law/01/2768216#M7223 <P>My tenants pay their rent to my Venmo account. It is set as friends and family. However, I already claim this income when I file taxes. What do I need to do in order not to count this as income twice?</P> Tue, 10 Mar 2026 05:45:19 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/venmo-new-income-tax-law/01/2768216#M7223 lmayfield10 2026-03-10T05:45:19Z Re: Venmo new income tax law https://ttlc.intuit.com/community/self-employed-group/discussion/re-venmo-new-income-tax-law/01/2768228#M7224 <P>Simply keep track of the taxable income separately.</P> <P>&nbsp;</P> <P>You will receive a 1099-K for the total transacted amount.</P> Wed, 31 Aug 2022 16:02:29 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/re-venmo-new-income-tax-law/01/2768228#M7224 Anonymous_ 2022-08-31T16:02:29Z