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Video: PayPal and Venmo Taxes: Tax Rules and 1099-K Form Explained
You may receive a Venmo or PayPal 1099-K if you accept payments through either of these online platforms. Whether you receive a 1099-K will depend on whether you meet the annual threshold for earnings or transactions, which varies by year. Learn more about 1099-K thresholds, so you know what to expect before you file.
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