RE: Venmo, PayPal required to report transactions above $600 to IRS

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RE: Venmo, PayPal required to report transactions above... - 12/25/2022 8:58:24 AM

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quote:

ORIGINAL: BoscoX

quote:

ORIGINAL: MasterJaguar01

This is nothing but opinion here. Zero facts.

Obviously, $500.00 Venmo transactions are being used for this purpose. If not, why on earth would the IRS monitor them? You fail to mention, there is NO added tax on Venmo transactions. I challenge you to find any middle class taxpayer that is making thousands of $600.00 Benmo transactions to a shell company, or relative.

I don't understand what you are disputing. The new Democrat requirement that aggregate Venmo transactions over $600.00 have to be reported now, and that the previous limit was $10,000.00?

I don't think you or jvov understands that this is designed to hit gig economy folks the hardest. Say you're doing side hustles for a few extra bucks, what's the best way to get paid

Either that or you two are lying, you know that your masters lie to your face about everything and you will say literally anything to kiss their uber wealthy elitist asses

I don't think you understand that it won't hit gig workers at all. They pay their taxes. This is not a tax. It is simply reporting of transactions. It is not worth the IRS's time to look at a gig worker's 1-3 Venmo transactions and do anything with that information.

You continuously conflate a reporting threshhold with the level of income of the taxpayer.
As I explained very c;learly in my first post.
You also confuse a reporting threshhold with a tax.

You are simply confused.

(in reply to BoscoX)

RE: Venmo, PayPal required to report transactions above... - 12/25/2022 9:47:41 AM

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quote:

ORIGINAL: MasterJaguar01

You are simply confused.

You and your party of rich coastal elitists are beyond desperate. OF COURSE this is designed to hit the lower and middle classes.

You, I pity. You are a mindwashed and controlled tool. Your rich and powerful masters, I despise.

_____________________________

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(in reply to MasterJaguar01)

RE: Venmo, PayPal required to report transactions above... - 12/25/2022 10:07:58 AM

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Smuggle dope into a foreign country, but you play in the WNBA: Prisoner swapped for the Merchant of Death.

Steal 10 billion dollars, but you donated to Democrats: Out on bail in a day, and fly first class.

Forget to report a years worth of Venmo transactions that total $600, but you're an average person: Tax evasion.

Typical Democrat - "Seems legit"

_____________________________

Hunter is the smartest guy I know

(in reply to BoscoX)

RE: Venmo, PayPal required to report transactions above... - 12/25/2022 11:35:26 AM

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quote:

ORIGINAL: BoscoX

quote:

ORIGINAL: MasterJaguar01

You are simply confused.

You and your party of rich coastal elitists are beyond desperate. OF COURSE this is designed to hit the lower and middle classes.

You, I pity. You are a mindwashed and controlled tool. Your rich and powerful masters, I despise.

Again with this?

This is your goto? "You and your party

You are completely confused. I have tried to explain to you multiple times, and you keep going back to this rhetorical nonsense.

You are still conflating the transaction threshold with income level of the taxpayer. Two completely different concepts. Yet you continue to conflate the two. Gig workers have tons of legitimate deductions to cover their income and pay their taxes. They are completely unaffected by this. I have explained this a multitude of times. When you have no factual response, you turn to You and your party nonsense.

I don't have a party (for the thousandth time). People who put party before country are ruining this country.

We need to erase the damage Newt Gingrich caused in the house and take the power away from the parties.

I am sure I will see another attempt to tie me to the Democratic party in a post soon. It's what you always go to, when you run out of facts.

(in reply to BoscoX)

RE: Venmo, PayPal required to report transactions above... - 12/25/2022 1:17:33 PM

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Quit carrying their Kool-Aid and passing it around, and I may consider it. Until then you're just another wild-eyed Pelosi useful idiot clown

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(in reply to MasterJaguar01)

RE: Venmo, PayPal required to report transactions above... - 12/25/2022 2:12:23 PM

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quote:

ORIGINAL: BoscoX

Quit carrying their Kool-Aid and passing it around, and I may consider it. Until then you're just another wild-eyed Pelosi useful idiot clown

Sorry. You lose this round.
I hate Kool-Aid and avoid it like the plague. I dislike Pelosi and am very happy she is stepping down.

(in reply to BoscoX)

RE: Venmo, PayPal required to report transactions above... - 12/26/2022 9:52:13 AM

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quote:

ORIGINAL: MasterJaguar01

Sorry. You lose this round.

That sounds like something Pelosi would say, along strictly part of the lines.

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(in reply to MasterJaguar01)

RE: Venmo, PayPal required to report transactions above... - 12/26/2022 2:39:15 PM

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quote:

ORIGINAL: BoscoX

quote:

ORIGINAL: MasterJaguar01

Sorry. You lose this round.

That sounds like something Pelosi would say, along strictly part of the lines.

Partisan.

Should have read,

'That sounds like something Pelosi would say, along strictly partisan lines.'

_____________________________

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(in reply to BoscoX)

RE: Venmo, PayPal required to report transactions above... - 12/26/2022 3:20:55 PM

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quote:

ORIGINAL: BoscoX

quote:

ORIGINAL: BoscoX

That sounds like something Pelosi would say, along strictly part of the lines.

Partisan.

Should have read,

'That sounds like something Pelosi would say, along strictly partisan lines.'

You would know. I don't listen to her much. SHe has an annoying voice and ALWAYS puts party over country.

(in reply to BoscoX)

RE: Venmo, PayPal required to report transactions above... - 12/26/2022 3:33:39 PM

JVoV

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Bosco, you know there is an Edit button, right? That's intended to fix stuff like that.

A lot of votes are along party lines anymore. And now the Republicans will have control of the House for 2 years, and everything will be perfect, I'm sure.

But none of that has anything to do with Venmo. Actually, I read an article the other day that retail theft has gone up considerably, and major retailers are now making a stink about the money they're losing because of it, saying the goods are sold online, by third party sellers. I didn't even think to connect it to this thread, but it may be the actual cause for this, as opposed to evil partisan tricks. But you should definitely keep watching, be a use I'm sure we'll do something fun.

Oh, and this party sucks. I didn't even get any cake yet. I am tempted to have some KoolAid, but the waiter is ignorant. I ask what flavor KoolAid it is, and he just says "Purple". Ugh. This party sucks.

(in reply to BoscoX)

RE: Venmo, PayPal required to report transactions above... - 12/27/2022 5:42:19 AM

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quote:

ORIGINAL: JVoV

Bosco, you know there is an Edit button, right? That's intended to fix stuff like that.

If you were half as smart as you think you are you would already know that doesn't last all day

quote:

A lot of votes are along party lines anymore. And now the Republicans will have control of the House for 2 years, and everything will be perfect, I'm sure.

Your insider-trading queen has been dethroned, that's good enough for me. Interesting how an election denier has been installed in her place

https://www.businessinsider.com/democrats-run-out-the-clock-on-a-congressional-stock-ban-2022-12

https://nypost.com/2022/12/01/rep-denounce-hakeem-jeffries-as-election-denier-after-house-dems-elect-him-leader/

quote:

But none of that has anything to do with Venmo. Actually, I read an article the other day that retail theft has gone up considerably, and major retailers are now making a stink about the money they're losing because of it, saying the goods are sold online, by third party sellers. I didn't even think to connect it to this thread, but it may be the actual cause for this, as opposed to evil partisan tricks. But you should definitely keep watching, be a use I'm sure we'll do something fun.

I'm sure it's pure coincidence that crime has skyrocketed in communist areas at the same time police are defunded, prisons are emptied, and criminals are released as fast as they are apprehended

You know that Seattle quit investigating rapes, right. SO woke.

https://www.seattletimes.com/seattle-news/times-watchdog/seattle-police-halted-investigating-adult-sexual-assaults-this-year-internal-memo-shows/

< Message edited by BoscoX -- 12/27/2022 6:20:23 AM >

_____________________________

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(in reply to JVoV)

RE: Venmo, PayPal required to report transactions above... - 12/27/2022 9:46:19 AM

JVoV

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Not sure what my IQ has to do with a site feature, or why you feel the need for yet another personal attack. I'm not sure what you mean "that doesn't last all day" either. In older threads, I've seen edit messages, so that part lasts. You mean the button shifts in and out of existence? Oh, by "edit message", I mean like this < Message edited by BoscoX -- 12/27/2022 6:20:23 AM > Neat trick huh?

Hackeem Jefferies believed Russian interference happened in the 2016 election. Probably still believes that. But the GOP wouldn't celebrate any Democrat leader, and would probably have at least one person say something that they think is a negative. I don't know that it's possible to get a leadership position with the Dems if you don't believe the whole Russian conspiracy thing. It may be a prerequisite. I'm sure the Dems will feel some kind of way about GOP leadership, too. If the GOP ever gets a leader?

https://www.reuters.com/world/us/house-republicans-brace-leadership-struggle-democrats-tap-pelosi-heir-2022-12-01/

Not getting raped in Seattle is on my bucket list. The article you posted says the new mayor rejected defunding the police. Memos aren't policy though. It could have easily been said to get more funds for the department. Have the number of sexual assault arrests or prosecutions gone down? Legit question, as I don't live in Seattle, so have little reason to keep up with the news there. That's the place with shiny vampires, right?

< Message edited by JVoV -- 12/27/2022 9:48:50 AM >

(in reply to BoscoX)

RE: Venmo, PayPal required to report transactions above... - 12/27/2022 9:48:41 PM

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https://twitter.com/graceand_truth/status/1607463287678984193/photo/1

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(in reply to JVoV)

RE: Venmo, PayPal required to report transactions above... - 12/27/2022 11:52:46 PM

JVoV

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I haven't gotten a stimulus check since Biden took office. Was I supposed to?

(in reply to BoscoX)

RE: Venmo, PayPal required to report transactions above... - 12/29/2022 6:19:33 AM

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quote:

ORIGINAL: JVoV

I haven't gotten a stimulus check since Biden took office. Was I supposed to?

$600 is the threshold your elitist masters want for Venmo reporting while they bilk billions from the treasury

There's still time to edit your stupid comment

Right

[/sarcasm]

_____________________________

Hunter is the smartest guy I know

(in reply to JVoV)

RE: Venmo, PayPal required to report transactions above... - 12/30/2022 12:12:52 PM

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Joined: 12/2/2006
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quote:

ORIGINAL: BoscoX

Smuggle dope into a foreign country, but you play in the WNBA: Prisoner swapped for the Merchant of Death.

Steal 10 billion dollars, but you donated to Democrats: Out on bail in a day, and fly first class.

Forget to report a years worth of Venmo transactions that total $600, but you're an average person: Tax evasion.

Typical Democrat - "Seems legit"

If you are a member of the Taliban and in prison for committing crimes against the US or the people of Afghanistan? - No problem! You're Released!
Reduce our forces in Afghanistan to 2500 to be surrounded by 80,000 Taliban? - Sure why not?

Mike Pompeo - "Seems legit"

(in reply to BoscoX)

RE: Venmo, PayPal required to report transactions above... - 12/30/2022 12:30:43 PM

JVoV

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I had no way of knowing wtf the meme was talking about. But no srsly, I want another stimmy check.

(in reply to BoscoX)

RE: Venmo, PayPal required to report transactions above... - 2/7/2023 5:36:44 PM

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FR

Remember when lying despicable "Democrats" <spit> solemnly swore that their 87,000 new IRS agents wouldn't be going after "the little guy"?

IRS proposes new program to crack down on waitresses' tips.

https://www.foxnews.com/politics/bidens-irs-plans-crack-down-waiters-tips

_____________________________

Hunter is the smartest guy I know

(in reply to JVoV)

RE: Venmo, PayPal required to report transactions above... - 3/9/2023 6:21:29 AM

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Trillions and trillions and trillions in new spending... Massive deficits as far as the eye can see, with rising interest rates on that crushing debt, and bald-faced lies from the Teleprompter-In-Chief to match

White House Promises Tax Increases

_____________________________

Hunter is the smartest guy I know

(in reply to BoscoX)

RE: Venmo, PayPal required to report transactions above... - 3/9/2023 6:31:20 PM

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quote:

ORIGINAL: BoscoX

Trillions and trillions and trillions in new spending... Massive deficits as far as the eye can see, with rising interest rates on that crushing debt, and bald-faced lies from the Teleprompter-In-Chief to match

White House Promises Tax Increases

Ummm Biden has reduced the deficit from the Trump days and his budget is designed to reduce it even further

(in reply to BoscoX)

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