2 ms·
Where is the IRS getting data on my purchases?
by macinjosh 4y ago
Where is the IRS getting data on my purchases?
- jjtheblunt 4y agoIn the future, from FedNow maybe, a federal payment processor proposal, meaning they could track everything. (gotta feed the big government tumor?) https://www.federalreserve.gov/newsevents/pressreleases/other20230315a.htm https://www.federalreserve.gov/newsevents/pressreleases/othe...
- lilsoso 4y agoreal estate property, form 8300 (say for car purchases in cash) unclear to me if 1099-k could be used to track purchases. I'd guess if you're audited perhaps credit card records.