ilmscore | Prediction Details
"uh, in the last couple of years, we saw the new $600 rule. If you're getting money on Venmo, $600 rule. So, oh, you don't have to pay tax. Yeah. Well, in Venmo never really uh tracked or reported these transactions rather versus now if you're getting a lot of money in Venmo, you have to report it. Venmo will report it even if you don't report it."
By Minority Mindset | December 20, 2025 | Correct
From video
The IRS Is Coming — And It’s Not Just for the Rich Anymore 00:03:03 - 00:03:22
Interpreted Prediction
Changes in reporting thresholds for platforms like Venmo indicate a trend towards greater government tracking and taxation of digital payments.
AI Evaluation Notes
The prediction regarding increased tracking and reporting of digital payments through platforms like Venmo due to changes in reporting thresholds appears to be accurate. The $600 rule change has indeed led to more reporting of transactions to the IRS [cite: i].

Prediction Details

Topic
Digital Dollar and Taxation

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