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since ‎Aug-12-2021
LooneyBin17
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Re: Are money sent as gift to friend/family taxed ...

by Moderator PayPal_Meghan in My Money Archives
‎Aug-21-2021 12:28 PM
‎Aug-21-2021 12:28 PM
Hello @LooneyBin17,  Welcome to the Community!  Friends and Family payments are not reported as taxable income at this time. You can learn more about it on our Help Center: Common US IRS Tax Questions 1099-K, B-Notice, and FATCA.  I hope this helps!  - Meghan ... View more
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