Birdwatch Note Rating
2022-08-18 02:04:25 UTC - NOT_HELPFUL
Rated by Participant: 59F0A86DBF8DFBAFDEE04E4DCFCF5A1C4691D3EFB9635E15AD65D1AC987168E0
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