![]() ![]() It will also send a matching 1099-K to the IRS. ![]() If you make at least $20.000 this year, Venmo will send you a 1099-K summarizing your earnings. Let’s say you’re a freelance carpenter and use Venmo to process payments from your clients. Logged at least 200 business transactions.A 1099-K is an income summary sent to anyone who earned a certain amount in business transactions through a payment app like Venmo.įor your 2022 taxes, you'll get one from Venmo as long as you: ![]()
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