Birdwatch Note Rating
2022-08-19 09:52:52 UTC - HELPFUL
Rated by Participant: 9736DF42171A999208E640D9616E3AF1D2219C9694E38F806D374F891F58485E
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