Birdwatch Note Rating
2022-08-17 16:32:09 UTC - NOT_HELPFUL
Rated by Participant: 024E9C2132658F6D841C91835F8192FF6C242BFDA2429E49A78D9C2300A66834
Participant Details
Original Note:
This is misleading. The IRS rule only applies to commercial income, not personal exchanges of money.“The tax-reporting change only applies to charges for commercial goods or services, not personal charges to friends and family, like splitting a dinner bill.” https://www.nbcnews.com/news/venmo-paypal-zelle-must-report-600-transactions-irs-rcna11260
All Note Details