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Zelle tax reporting: Here’s what to include on your return

Yahoo Finance
Summary
Nutrition label

78% Informative

Payments made through Zelle are not subject to the same reporting requirements for third -party payment apps like PayPal , Venmo , and Cash App .

Zelle transfers money directly between users’ bank accounts.

The company says only a small fraction of transactions were initiated on the Zelle app, so it’s pivoting to support Zelle through its mobile app.

VR Score

74

Informative language

69

Neutral language

62

Article tone

informal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

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no affiliate links