I went into tax documents and there are no 2012 documents, does that mean I didnt reach the 20k/200 limit? How would I report the actual amount grossed?
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I went into tax documents and there are no 2012 documents, does that mean I didnt reach the 20k/200 limit? How would I report the actual amount grossed?
No it doesn't mean that. It just means that PP hasn't gone around it yet. They will email you once they got the numbers.
Everything should count towards your gross paypal accepted payments as its income after all. If that was the case everyone would have ppl send them gifts
Actually, gift payments do NOT count toward your limit. You can view what is and isn't on their FAQ page for IRS rules.
Quote:
Originally Posted by Gamefreak
Everything should count towards your gross paypal accepted payments as its income after all. If that was the case everyone would have ppl send them gifts