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1 2022 a provision of the 2021 American Rescue Plan requires earnings over 600 paid through digital apps like PayPal Cash App or Venmo to be reported to the IRS. As of Jan.

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Whether you owe a friend.

. PYPL Venmo to report business. Get started with as little as 1. Starting this year the IRS is requiring mobile payment apps such as Zelle Block Incs NYSE.

SQ Cash App and Paypal Holdings Incs NASDAQ. Buy hold and sell Bitcoin and more on Venmo. Apple Pay Cash By Mark Jansen Christian de Looper and Paula Beaton July 5 2021 Share Money makes the world go round.

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