Birdwatch Note Rating
2022-08-17 09:05:37 UTC - NOT_HELPFUL
Rated by Participant: EF809E46F97FAE5F3CDB2D03FDD536B717C9A982D8028E86E38D527AB3872312
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