Handling Rental Income on Tax Return

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Original Message:

Re: Handling Rental Income on Tax Return (by Scott B.):

FYI Effective January 1st, 2022, PayPal and Venmo are now required to provide customers with a 1099-K form for payments if their total goods and services payments exceed $600 during the tax year. https://newsroom.paypal-corp.com/2021-11-04-New-US-Tax-Reporting-Requirements-Your-Questions-Answered#:~:text=PayPal%20and%20Venmo%20will%20be,your%20Tax%20Year%202022%20filings. and https://dvcfan.com/2022/01/21/what-new-paypal-1099-rules-mean-for-dvc-rentals/