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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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  #2  
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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  #3  
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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