If you are in the US, with the new IRS regulation, from now on if you put $600 or more into your Apple Cash account in a year, do you think you will get a 1099-K form that you will have to reconcile (such as taxable payments from other people, non-taxable? payments from other people, such as when you split a dinner bill, non-taxable gifts from other people, and non-taxable transfer that is your own money) for tax filing? 'cause that'd be a pain. And you will get a 1099-K from every payment handler that has processed $600 income for you. I have stopped accepting payments on PayPal and all other apps because of this until I understand the situation more, or until forever. I assume Apple Cash would be among payment handlers for which the new rule applies.