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Updated about 1 month ago on .

Steven Bialecki's profile image
Steven Bialecki's profile image
Steven Bialecki
  • from Phoenix, AZ
  • Member since Jan 28, 2025
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Steven Bialecki's profile image
Steven Bialecki's profile image
Steven Bialecki
  • from Phoenix, AZ
  • Member since Jan 28, 2025
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Steven Bialecki
  • Phoenix, AZ
5
Votes |
14
Posts
Personal Finance

Will Venmo be taxed in 2025?

Steven Bialecki
  • Phoenix, AZ
Posted

Will Venmo be taxed in 2025?

After multiple delays in implementing the threshold, the magic number for the 2024 tax year is $5,000. Starting in the 2025 tax year, anyone earning more than $2,500 will be sent a 1099-K. The threshold will once again lower in the 2026 tax year, with anyone who hits $600 receiving a form.

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