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@ISIDEWITHQuestionsEconomy3yrs ago

Should online payment platforms be forced to report all transactions over $600 to the IRS?

In 2022 the U.S. Internal Revenue Service announced that online payment platforms must report all transactions made by individuals that are over $600. The rule would result in online sellers, resellers and gig workers having to report more earnings to the IRS. Under the previous law online platforms had to send reports to the IRS if a vendor earned more than $20,000 and had over 200 transactions. Proponents argue that the rule will force tax cheats to report income. Opponents argue that the rule unfairly targets small businesses and people who sell items on Ebay and AirBnb.

Answer Overview

Response rates from 489 Canada voters.

34%
Yes
66%
No
29%
Yes
61%
No
4%
Yes, but the threshold should be much higher
4%
No, private transactions should be kept private
1%
Yes, except for low income citizens
2%
No, unless the transaction is considered income

Historical Support

Trend of support over time for each answer from 489 Canada voters.

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Historical Importance

Trend of how important this issue is for 489 Canada voters.

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Other Popular Answers

Unique answers from Canada voters whose views went beyond the provided options.

 @9CGBPXCfrom Manitoba  answered…3yrs3Y

We have the CRA. No concern with the IRS.

 @9FGQ3S2from Alberta  answered…3yrs3Y

Yes, but instead with the CRA

 @9DQSF44from Alberta  answered…3yrs3Y

All transactions should be reported

 @99BVWKWfrom Ontario  answered…3yrs3Y

Yes, but to the CRA

 @9CMVS5Pfrom Ontario  answered…3yrs3Y

If it’s something personal, I think that’s an invasion of privacy, so they don’t really need to know about those kind of things, I’m the whole scheme of things.

 @98Q3WMXfrom British Columbia  answered…3yrs3Y

over $5000

 @98PQTLXfrom Ontario  answered…3yrs3Y

Yes, as this can prevent bankruptcies leading to recession or depression.

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 @ISIDEWITHDiscuss this answer...…2yrs2Y

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Yes

▲  2.7k3 replies2 agree

About This Data

Based on 489 responses to this question.

These results come from iSideWith's ongoing political issues survey. We collect over a million responses per day, filter out duplicate and multiple submissions, and break the results down by political party, ideology, age, state, and census demographics (income, race, education, household).

iSideWith is non-partisan — we don't advocate for any party, candidate, or position. We report what the public tells us.

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Cite This Poll

iSideWith. (2026). “Should online payment platforms be forced to report all transactions over $600 to the IRS?” — Public Opinion Poll Results. Retrieved June 26, 2026, from https://canada.isidewith.com/polls/4916675742

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