Why you shouldn't ignore Venmo 1099s from the IRS

Name: Why you shouldn't ignore Venmo 1099s from the IRS
Duration: 66 s
Description: Report Venmo income on Schedule C, deduct expenses, and pay the tax rather than risk IRS garnishing wages or bank accounts.

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Got a 1099 from Venmo you're tempted to ignore? TJ explains why that's a risky bet—the IRS can look back five years, and their computers will eventually catch up with you. He walks through what actually happens when you don't report it versus the smarter path of putting it on a Schedule C.

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