Re: $20k In Sales in stealth sales in less than a week! What Should I Do? Quote:
Originally Posted by phaz0rz Forgot about that, TBH. Massachusetts and a few other states require reporting for what I think is any amount. I abandoned my accounts in those certain states when the PP's started generating 1099's without a tax ID for totals less than $20k.
To clarify, it's not reportable on the federal level unless you cross both thresholds. | So which state is best for stealth accounts? Delaware? The account above is Pennsylvania. Would this mean PayPal would report to the state without my permission. I'm confused about the state requirements. Always only worried about it from a federal perspective.
Also would I have to worry if it gets reported to the state?
Last edited by Temple; 03-17-2020 at 04:46 PM.
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