WASHINGTON — If you used popular payment apps like PayPal, Venmo or Cash App in 2025, here’s a tax rule you should know before filing your taxes. These apps help people send and receive money, but the ...
(NewsNation) — If you use payment apps like Venmo, Cash App or PayPal for more than just splitting a bill, there could be some important filing documents coming your way this tax season. A rule ...
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Did you make over five grand on a marketplace app? Maybe you're an Uber or Lyft driver and you make some money on the side. Or you sell baked goods or do hair on the weekends, and customers pay you on ...
If you’re one of the millions of people who use popular payment apps like PayPal, Venmo or Cash App, the IRS has a warning for you: You need to report those transactions when filing your taxes.
Form 1099-K is used to report payments received for goods or services processed through payment apps, online marketplaces, and credit cards. The IRS has issued FAQs to explain when you might get one.