Hello guys, Welcome to Africa's Largest Video Search Engine, and you are watching Are Zelle payments part of the new 1099-K rule? | Rob.CPA. and this video is uploaded by Rob CPA | Personal Finance & Tax Planning at 2022-12-13T10:32:55-08:00. We are just promoting this video only for entertainment and educational purpose only. I hop you like our Video Search Engine. [sclMqkzDsvQ]
| Name | Are Zelle payments part of the new 1099-K rule? | Rob.CPA |
| Video Uploader | Video From Rob CPA | Personal Finance & Tax Planning |
| Upload Date | This Video Uploaded At 13-12-2022 18:32:55 |
| Video Discription | Based on the feedback on my first video, I decided to create a second video to answer some commonly asked questions. š SUBSCRIBE! : shorturl.at/fL014 If you received payments via Zelle, as of now, you will not receive a 1099-K from Zelle. If you received payments via StubHub, PayPal, Facebook cash, Venmo, Square and the payments are over $600, youāll get a 1099K. If you are selling items on eBay for over $600, youāll receive a 1099K. These companies are requesting that you provide your social security numbers. In addition, for those of you that will receive a 1099-K for your services/goods, I will show you an example tax return on how to report this income to save some money. This assumes your income is not a hobby and is a business. Youāll want to make sure you use expenses relating to this income to reduce the income. Also, make sure you use the Qualified Business Income tax deduction. As always, feel free to leave questions and comments below. If you havenāt subscribed to my channel, please do so. About my channel: Rob CPA channel was created with a mission to provide viewers with accurate content so they can be proactive in their tax planning strategies and build financial wealth. The video topics I selected reflect real-world issues that Iāve seen our clients experience relating to their personal tax returns, retirement plans, and accounting. The channel allows me to share my passion for taxes, personal finance, and accounting. I create content I wish schools and entrepreneurship programs/accelerators would teach their students and companies. I take complex topics and simplify them for the viewers as well as show examples. I will be covering the following topics: - Personal & business tax planning tips; - Personal finance; - Accounting; - Investing; - Entrepreneurship New videos are released every week, so be certain to SUBSCRIBE! : shorturl.at/fL014 #zelle #1099 #taxes [sclMqkzDsvQ] |
| Category | People & Blogs |
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