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Old 05-26-2017
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Default Question about PayPal Tax Reporting


I understand that sales volume needs to exceed $20,000 AND 200 transactions, but in my case, I'm only going to exceed $20,000 in about 18 transactions. Would the reporting still apply to me?

I'm selling my dad's really old machinery on craigslist and eBay.

Any information is kindly appreciated. Thanks!
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