-0.000230733733271758 0 -5.76834333180626E-05 0.000807568066451236 0.00622981079833862 -0.00500115366866647 -0.00201892016612825 -0.0026534379326258
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Stockreport

Did You Make $5,000 or More via PayPal, Venmo or Cash App? Expect a 1099-K Tax Form [CNET News]

PayPal Holdings, Inc. (PYPL)  More Company Research Source: CNET News
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
If you made $5,000 or more through PayPal , Venmo, Cash App or a similar platform, the IRS will now require these companies to issue tax form 1099-K detailing your earnings. This isn't a new tax rule; it's a tax reporting change. If you earn freelance or self-employment income , you should already be reporting and paying taxes on your total earnings, even if you don't receive a 1099. The IRS is simply switching the reporting requirement to payment apps so it can keep tabs on transactions that might otherwise go unreported. "The taxation and tax treatment requirements for taxpayers has not changed," said Mark Steber, chief tax information officer for Jackson Hewitt. "This taxable income has always been considered by the IRS to be taxable and should be reported on a tax return." The IRS will only require third-party apps to report income earned — the tax agency isn't interested in the money you've sent to your family or friends to pay rent or split a dinner bill. If you earned $ [Read more]
IMPACT SNAPSHOT EVENT TIME: PYPL
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Performance comparison Updated
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Stock performance from the time of news release until the following 4pm ET market close
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Stock performance from the time of news release until the following 4pm ET market close
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Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
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Stockreport

Did You Make $5,000 or More via PayPal, Venmo or Cash App? Expect a 1099-K Tax Form [CNET News]

PayPal Holdings, Inc.  (PYPL) 
More Company Research Source: CNET News
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
If you made $5,000 or more through PayPal , Venmo, Cash App or a similar platform, the IRS will now require these companies to issue tax form 1099-K detailing your earnings. This isn't a new tax rule; it's a tax reporting change. If you earn freelance or self-employment income , you should already be reporting and paying taxes on your total earnings, even if you don't receive a 1099. The IRS is simply switching the reporting requirement to payment apps so it can keep tabs on transactions that might otherwise go unreported. "The taxation and tax treatment requirements for taxpayers has not changed," said Mark Steber, chief tax information officer for Jackson Hewitt. "This taxable income has always been considered by the IRS to be taxable and should be reported on a tax return." The IRS will only require third-party apps to report income earned — the tax agency isn't interested in the money you've sent to your family or friends to pay rent or split a dinner bill. If you earned $ [Read more]
IMPACT SNAPSHOT
EVENT TIME:
PYPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS