• XeroxCool@lemmy.world
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    11 months ago

    Most importantly being that this limit, form, and change is for businesses. This is not for personal accounts.

    • DrPop@lemmy.one
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      11 months ago

      That is for businesses, Cash app PayPal venmo etc,to report to the IRS that you had this source of income. 1099k has to deal with Internet transactions. This is absolutely for personal accounts.

        • DrPop@lemmy.one
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          11 months ago

          Yes, yet this is what people are acting as if this regulations are. Keyword here is should.