1 sat \ 0 replies \ @cryptocoin OP 6 Jan 2022 \ on: Payment apps will now have to report transactions to IRS bitcoin
"The new rule is only for goods and services transactions, not personal, such as paying a roommate for rent or reimbursing a friend."
"The cash apps will now be required to send the 1099-K form to businesses with electronic transactions greater than $600. The new change will apply for the 2022 tax season."