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Sheree W. Profile Picture
Sheree W.

I came across this in my feed and thought it was important. My recommendation is that, rather than using PayPal, Venmo, or CashApp in this situation, Zelle should be used, if possible. Zelle is a bank-to-bank transfer, so it does not have the reporting requirements that PayPal, Venmo, or CashApp have. Using Zelle for personal reimbursements, such as for meals or other personal purchases, simplifies the process.

If you have any questions, feel free to reach out to me.

https://go.skyler.network/sn_1767809457600

Use caution when paying or receiving payments from friends or family members using cash payment apps - Taxpayer Advocate Service (.gov)
skyler.network

Use caution when paying or receiving payments from friends or family members using cash payment apps - Taxpayer Advocate Service (.gov)