u/handwrittenlobster

Money transfer without getting taxed

Hi,

I'm trying to help a friend out with their rent, and I've been researching how to transfer 1k. I've just been thinking of just sending payment over venmo or something, but I'm worried I'll be taxed for a transfer of that size (which I think I might, since it may be a business payment?) Am I right to be worried?

Also, is there just an easier way that I missed? Thanks

Thanks for the responses

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u/handwrittenlobster — 4 hours ago