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Will Venmo, CashApp, etc actually report users?

Posted on 1/12/22 at 10:46 am
Posted by ptper09
Member since Mar 2014
160 posts
Posted on 1/12/22 at 10:46 am
Won't this crush the digital payment industry?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80760 posts
Posted on 1/12/22 at 10:48 am to
Only if the payments are for goods and services. Paying a friend for dinner won't aply.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37023 posts
Posted on 1/12/22 at 11:19 am to
That's why those apps are now asking if the payment is for goods/services or not.

They will only report the ones you list as goods/services.
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