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  #1  
Old 02-01-2018
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Default tax info

i got email from paypal saying

Note:

• For tax year 2017, PayPal will not report this information to the IRS since the payment volume is below the IRS federal reporting requirements.

• PayPal is not qualified to give you specific tax guidance and asks that you contact a tax professional.

• If you need more information about these specific state requirements, please visit that state tax authority's guidance at the following links:

i did go over 20,000 and 200 items
what am i missing here? paypal because shipping fees deducted
do i need to report

another question if its under a stealth name how do i report??

thanks
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Old 02-01-2018
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Default Re: tax info

Yes you report money you earn.... I mean come on.

It doesn't matter if it's under a stealth name, assign the debt to yourself and file your taxes.
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Old 02-01-2018
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Default Re: tax info

not making profit just using to sell my stuff from passing of my grandparents
dvds books jewelery etc

so i dont have to report?
For tax year 2017, PayPal will not report this information to the IRS since the payment volume is below the IRS federal reporting requirements.

thanks again
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