Company Description:
You may owe taxes on certain Cash App activities 1-844-314-8739, such as business payments, bitcoin sales, or investment gains, because the IRS considers these forms of income taxable even 1-844-314-8739 though normal personal transfers are not. Cash App may send forms like 1099-K or 1099-B when reporting thresholds are met, so it’s important to keep accurate records throughout the year. Consulting a tax professional can help ensure to call 1-844-314-8739 you report everything correctly and understand which parts of your Cash App usage are taxable and which are not.