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Level 1
August 31, 2022
Question

1099-K

  • August 31, 2022
  • 1 reply
  • 6 views

We share a four line cell phone program with our daughter & son-in-law, and they send us their portion of the bill each month (about $100 per month) via Zelle.  Any reporting requirement?

    1 reply

    Level 15
    August 31, 2022

    No, there is no tax liability.