Will Zelle Be Taxed In 2024 Irs. If you make more than $5,000 a year in transactions on apps like paypal, venmo and zelle, the irs wants to know about it. They are using 2023 as yet another transition year.
If you make more than $5,000 a year in transactions on apps like paypal, venmo and zelle, the irs wants to know about it. Here’s how it’ll affect your taxes.