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Is the IRS taxing PayPal, Venmo, Zelle, or Cash App transactions? 3 things you need to know

There's a lot of misinformation surrounding new IRS cash app rules that went into effect January 1, 2022, and many users worry their transactions on apps like PayPal, Zelle, Cash App, or Venmo will be taxed. Here are three things you need to know about the new IRS reporting requirements.



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