Comment on Venmo, PayPal and other payment apps have to tell the IRS about your side hustle if you make more than $600 a year.

Venmo, PayPal and other payment apps have to tell the IRS about your side hustle if you make more than $600 a year.

The IRS isn't coming after your Venmo or Paypal transactions with friends and family. But it does want information on your side-hustle income.

 

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