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-   -   PayPal 1099-K Stealth Account (https://www.aspkin.com/forums/paypal-talk/123402-paypal-1099-k-stealth-account.html)

Chris18181 01-22-2019 06:47 PM

PayPal 1099-K Stealth Account
 
Hi everyone,

I received an email saying since i made 50K in sales on ebay my 1099-K tax form is ready, problem is the PayPal is Stealth and so is the name and address on the tax return, what should i do in regards to filing?

rsot 01-22-2019 07:16 PM

Re: PayPal 1099-K Stealth Account
 
Quote:

Originally Posted by Chris18181 (Post 973163)
Hi everyone,

I received an email saying since i made 50K in sales on ebay my 1099-K tax form is ready, problem is the PayPal is Stealth and so is the name and address on the tax return, what should i do in regards to filing?

Seek out a professional financial for advice +/- read threads around here but this is truly beyond scope of the forum

DocumentRequest 01-22-2019 10:43 PM

Re: PayPal 1099-K Stealth Account
 
The simple answer is pay your taxes. What did you provide them for SSN, EIN, etc?

Chris18181 01-23-2019 12:19 AM

Re: PayPal 1099-K Stealth Account
 
there is an TIN on the tax return should that be all thats needed to file?

DocumentRequest 01-23-2019 01:19 AM

Re: PayPal 1099-K Stealth Account
 
Well considering you have provided them your tax information, in which they provide the IRS, then yes you need to pay your taxes. On how you should pay, speak with a professional.

leavy23 01-23-2019 03:49 AM

Re: PayPal 1099-K Stealth Account
 
Are you required to fill out the 1099-k forum in all states?

DocumentRequest 01-23-2019 01:08 PM

Re: PayPal 1099-K Stealth Account
 
The state you are registered and do business in.


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