does cash app stock report to irs
New year new tax laws. Starting in 2022 mobile payment apps like Venmo PayPal Cash App and Zelle are required to report business transactions totaling more than 600 per year to.
Sale of the stock.
. Report the sale as explained in the Instructions for Schedule D Form 1040 for the year of the sale. There are no special income rules for the sale of stock acquired through the exercise of a nonstatutory stock option. You may receive a Form 1099-B reporting the sales proceeds.
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