Is the IRS taxing PayPal, Venmo, Zelle, or Cash App transactions? 3 things you need to know

Name: Is the IRS taxing PayPal, Venmo, Zelle, or Cash App transactions? 3 things you need to know
Uploaded: 2022-04-07T15:42:51.000Z
Duration: 1 min 55 s
Description: There's a lot of misinformation surrounding new IRS cash app rules that went into effect January 1, 2022, and many users worry their transactions on apps like PayPal, Zelle, Cash App, or Venmo will be taxed. Here are three things you need to know about the new IRS reporting requirements.

There's a lot of misinformation surrounding new IRS cash app rules that went into effect January 1, 2022, and many users worry their transactions on apps like PayPal, Zelle, Cash App, or Venmo will be taxed. Here are three things you need to know about the new IRS reporting requirements.

01:55

Thu, Apr 7 202211:42 AM EDT

Lauren Shamo

Sofia Pitt

VIDEO06:12

How I built a business a few years after coming to the U.S. as a refugee

VIDEO03:23

5 rules I broke that helped me reach a net worth of $1.2 million

VIDEO04:38

The money (and other) reasons more young people choose not to have kids

VIDEO02:03

New IRS rules: When and how to report income from Venmo, PayPal, Cash App, or Zelle

VIDEO01:55

Is the IRS taxing PayPal, Venmo, Zelle, or Cash App transactions? 3 things you need to know