Birdwatch Note Rating
2022-08-18 08:35:13 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 572204D971A6CC2412B815DF5165932614BEF59E7E33E3F53A12DE23E0704385
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