US guidance says that Venmo is supposed to declare all transactions over $600 that are income.
But if it is reimbursement, there is nothing to report.
Venmo replies on me and my comments to say if I am buying something or if I am reimbursing my friend for drinks or the concert tickets they paid for.
PentaSophia / Penta Sophia
npub18s…4svu2
2024-05-13 19:23:33
in reply to nevent1q…8vfn
Author Public Key
npub18sxgm6fg7ejgvz9pmvqn5eqhhcrcssl6pu6d6zzgl9460gutn3wqy4svu2Published at
2024-05-13 19:23:33Event JSON
{
"id": "98f0255e697b6b30f90cd5057d4c51e9221949c6bbbabe4d03a97935edc6e1bc",
"pubkey": "3c0c8de928f6648608a1db013a6417be078843fa0f34dd0848f96ba7a38b9c5c",
"created_at": 1715628213,
"kind": 1,
"tags": [
[
"e",
"67966476e5c5ef430180609ec1ea590d7ad63c61e6ea423768b76af3806f7111",
"wss://relay.nostrcheck.me",
"reply"
],
[
"p",
"980d1fa6460d817c5a3640dabb5e78625392d7fe00f21d256ea9661bcf6e2c04"
],
[
"e",
"bc7ffbe6e6973603ebe2bfcf277a4b6d9303dc1cef340521de981fc9074fed67",
"",
"root"
]
],
"content": "US guidance says that Venmo is supposed to declare all transactions over $600 that are income.\nBut if it is reimbursement, there is nothing to report.\nVenmo replies on me and my comments to say if I am buying something or if I am reimbursing my friend for drinks or the concert tickets they paid for.",
"sig": "2ad5ddee1b2ba06213e0737da36d57f0938ef678058651b1f88811337fd41ed8fe0f7a1eb58639d2b192acc7c52aadba8cfaaf29113c0922f0f0602fc1199ecf"
}