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Updated about 2 years ago, 12/19/2022
Renting rooms and taxes
Hello! Im wondering if anyone can help me understand if i will need to report income I’ve been receiving via Venmo over this past year. I bought a house early 2022 and have two friends renting out two rooms paying me each month via Venmo. Will this need to be reported to IRS? I want to make sure I do what’s right. Thanks!!!