Does Zelle® report how much money I receive to the IRS?

Zelle® does not report transactions made on the Zelle Network® to the IRS. The law requiring certain payment networks to provide forms 1099K for information reporting does not apply to the Zelle Network®.

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You May Also Need: 

• Does Zelle® tax me on money that I receive?
• Will Zelle send me a 1099K form?