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Van owns residential rental property. His tenants pay rent through Venmo. In addition, he has a weekly get-together with friends where they try new restaurants.
Van owns residential rental property. His tenants pay rent through Venmo. In addition, he has a weekly get-together with friends where they try new restaurants. Whoever picks the restaurant pays the tab, and the others reimburse them through Venmo. For 2022, Van received Form 1099-K from Venmo for all these transactions. How will his tax preparer handle the form
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Financial Accounting
Authors: Kermit D. Larson, Paul B. W. Miller
5th Edition
0256091935, 978-0256091939
