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Finance: Difference between revisions
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==== See also ==== | ==== See also ==== | ||
[https://www.reddit.com/r/UnethicalLifeProTips/comments/hr6ccy/ulpt_how_to_dispute_medical_debt_the_right/ How to dispute medical debt the right way] | [https://www.reddit.com/r/UnethicalLifeProTips/comments/hr6ccy/ulpt_how_to_dispute_medical_debt_the_right/ How to dispute medical debt the right way] | ||
=== Reimbursements === | |||
When reimbursing friends, include "reimbursement" in the memo field. This ensures the IRS is aware the and the money is less likely to be scrutinized as possible income. The IRS has required Venmo, Cash App, PayPal, and other p2p money transfer apps to report transactions to them if the total received exceeded $5000 for the 2024 tax year, and intends to lower it to $600. | |||