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- - Quick Help on Taxes (https://www.aspkin.com/forums/ebay-discussion/30264-quick-help-taxes.html)

Master Jedi

04-12-2011 09:30 PM

Quick Help on Taxes

Hi, I'm 20, never filled out taxes and looking for some help. If I hit the $20k limit on Paypal, do they automatically send me a tax form? Also, how would I go about completing the process and how much money would I owe them? Because obviously paying taxes is pretty much a requirement.

TGMT²

04-12-2011 09:51 PM

Quote:

Originally Posted by Master Jedi (Post 219000)

If I hit the $20k limit on Paypal, do they automatically send me a tax form?

Probably not, they will inform the IRS of your income and it will be up to you to get the required forms and file.

This is not a tax forum, so you will have to look for help elsewhere. :pop2:

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