Get ready to adjust your tax preparation for the tax year 2023 if you were paid at least $600 through third-party payment services like Venmo or Zelle—you now need to declare such earnings with the IRS. So now if you use Cash App or Paypal regularly you could have to report it on your taxes.
*Tax preparation starts at $99 after using $50 off coupon. Tax preparation charges are based on the complexity of your tax return and the risk associated with preparing your tax return. Electronic filing, a single state tax return and Obamacare tax forms are included for free with paid federal tax preparation.
¹ To be eligible for the $6,000 loan amount, your expected Federal refund less authorized fees must be at least $7,000. An Easy Advance (EA) is a loan secured by and paid back with your tax refund and is offered by Republic Bank & Trust Company, Member FDIC, to eligible taxpayers. Loan amount options are based on your expected Federal refund less authorized fees. If approved for an EA, a Finance Charge will apply. Loan is subject to underwriting and approval. EA proceeds are typically available within 24 hours of IRS acceptance of tax return or within 24 hours for those filing before the IRS start date; however, if direct deposit is selected, it may take additional time for your financial institution to post the funds to your account. Visit your tax preparer to learn about the cost and timing of all filing and product options. Available with preparation of 2022 federal tax return through Feb. 28, 2023.
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