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Prior to 2022, the forms were required to be issued to taxpayers only if total payments for a recipient exceeded $20,000 in a year and the number of transactions for that person topped 200.
PayPal has a little less than a year to find a new CEO, ... A hedge-fund exec you've never heard of got PAID in 2022. ... An icon in the shape of an angle pointing down.
In a recent press release, the IRS confirmed that third-party payment platforms (PayPal, CashApp, Venmo, Zelle, and others) will soon report transactions that total above a certain amount to the ...