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re: The IRS is coming for your Venmo income

Posted on 6/8/22 at 5:34 pm to
Posted by VADawg
Wherever
Member since Nov 2011
45251 posts
Posted on 6/8/22 at 5:34 pm to
quote:

Out of curiosity - How do they know something is a business transaction vs. your friend paying you back for their half of a hotel you booked for y'all or something? Don't a ton of people use Venmo for splitting bills with friends?


Venmo allows users to set up specific accounts for business use.
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