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FrostyFoss t1_j1fmcim wrote

Reply to comment by KapahuluBiz in IRS delays rule change for people who get paid on Venmo, Etsy, Airbnb and other apps by TerpFlacco

Landlords will just use Zelle since it doesn't report.

This rule is garbage though, anyone who sells some of their old stuff on sites like Mercari or eBay are subject to it. Hit that $600 threshold and your taxes become a pain in the ass. Oh and shipping counts toward it too so you can easily hit the limit.

The limit before used to be 20k and they dropped it by 97% to $600. It's just unreasonable. Trying to squeeze the little guy for every possible cent.

Back to craigslist and garage sales.

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Taysir385 t1_j1gdd7o wrote

> Landlords will just use Zelle since it doesn't report. > >

If you're feeling vindictive, you can file with the IRS to show a record of the amount you've paid in rent as income for your landlord.

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