Birdwatch Note Rating
2022-12-07 02:29:43 UTC - HELPFUL
Rated by Participant: F8936BB692C0F55087FA0DB127FB51E05BFC7A494FE25F77887479443F3600B8
Participant Details
Original Note:
1. The IRS advised "Businesses and Self-Employed" tax filers (form 1099-k) that they must report payments of $600 or more per year received via apps like Cash App, PayPal, Venmo and Zelle. 2. The DOD reference is a red herring, irrelevant info intended to distract. https://www.irs.gov/businesses/understanding-your-form-1099-k https://www.marketwatch.com/story/irs-warns-americans-over-600-threshold-to-report-venmo-paypal-payments-11669480433 https://www.logicallyfallacious.com/logicalfallacies/Red-Herring
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