Formulas
NEW Venmo Tax Law: Are You Filing Correctly?
Have You Made Over $600 on Venmo? You Will Now Be Taxed! 2022 Update: Need help filing your taxes this year? The IRS is reminding small business owners to report any earnings made over $600 on third-party apps (like Venmo, PayPal and Cash App). To help you this tax season, they recently released a useful guide for understanding your form 1099-K to guide you through reporting any earnings. Keep scrolling for everything you need to know about this new rule! Venmo business transactions totaling $600 per YEAR will now be taxed, as of Jan. 1, 2022. This...
Keep reading for free
Create a free account or sign in to continue
Use the same email and password across behindthechair.com, BTC-U, oneshothairawards.com, and Who Does Your Hair — one set of credentials, every site.
OR
We'll check if you have an account, or create one if you don't.
To save this article, create a free account or sign in.
Join BehindTheChair
Access the industry’s #1 source for hair trends, education and community now.
OR
We'll check if you have an account, or create one if you don't.
