Independent Contractor
Good Morning! I am set to begin a second part time job for an individual....not a business.....regular person.....they stated they will be using Venmo to pay each week. My total for 2023 should be 8000-9000.00 and I do have a full time job with an employer....my question is: if I'm paid through Venmo, will they report that income to the IRS at the end of the year. I'm getting conflicting info online regarding when the limit will go from 20,000 to 600.00 and when that will officially be put in place. Many thanks
This Question Has Not Yet Been Answered.