Current Events > PSA: You'll need to file a 1099-K form if you get over $600

Topic List	Page List: 1
darkmaian23 12/30/21 11:11:57 PM #1:	It used to be $10,000 and many transactions, but now you have to file one if you get over $600 total in 2022, so it now affects basically everyone with a side hustle of any kind. I haven't been able to figure out if this applies to ordinary people doing things with Venmo like paying rent and the law doesn't make any sense to me when I tried to read it directly. <cite>darkmaian23 posted [p:961345535] in PSA: You'l... [t:79833144]...</cite> <quote>It used to be $10,000 and many transactions, but now you have to file one if you get over $600 total in 2022, so it now affects basically everyone with a side hustle of any kind. I haven't been able to figure out if this applies to ordinary people doing things with Venmo like paying rent and the law doesn't make any sense to me when I tried to read it directly. </quote> ... Copied to Clipboard!
The X Dawg 12/30/21 11:22:31 PM #2:	But let's praise those who don't pay their fair share of taxes like Elon Musk. <cite>The X Dawg posted [p:961345738] in PSA: You'l... [t:79833144]...</cite> <quote>But let's praise those who don't pay their fair share of taxes like Elon Musk. </quote> ... Copied to Clipboard!
VigorouslySwish 12/30/21 11:25:48 PM #3:	The X Dawg posted... But let's praise those who don't pay their fair share of taxes like Elon Musk. Elon is paying 11 billion this year --- i'm just some guy yellin' about apple sauce <cite>VigorouslySwish posted [p:961345804] in PSA: You'l... [t:79833144]...</cite> <quote>The X Dawg posted... </cite> <quote>But let's praise those who don't pay their fair share of taxes like Elon Musk.</quote> Elon is paying 11 billion this year </quote> ... Copied to Clipboard!
Topic List	Page List: 1