Another Paypal Tax Question - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Marketplace Discussions > PayPal Talk

PayPal Talk PayPal Forums. General issues related to PayPal.

Reply
 
Thread Tools
  #1  
Old 04-10-2010
Junior Member
 
Join Date: Mar 2010
Posts: 18
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 75%
iTrader: (0)
Default Another Paypal Tax Question

So I checked my 2009 statement. I had $8,000 roll through my account.

How do I pay this tax? What form do I use? What kind of tax am I looking at? I have no invoices, etc for the items I sold to prove their costs.

I hate working on taxes.

Thanks in advance.
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 04-10-2010
aspkin's Avatar
Administrator
 
Join Date: Jan 2007
Posts: 10,657
Thanks: 2,888
Thanked 3,690 Times in 1,574 Posts
Activity: 47%
Longevity: 100%
iTrader: (24)
Default

No invoice or cost details? You should probably hold on to stuff like that.

It's not reported to the IRS yet, but in the future you may not be as lucky.

If it were me I would attempt to calculate cost and profits.. If that didn't workout then I would just let it go, it's not a huge sum to worry about.
__________________

Notice: Do not PM me. I get too many PMs to answer.
Please go to https://support.aspkin.com and submit a ticket instead.
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
paypal question pookie100 PayPal Talk 5 03-11-2010 07:50 PM
Paypal Question zymo PayPal Talk 1 06-13-2008 05:35 PM
paypal question ddu PayPal Talk 1 06-13-2008 01:53 AM
paypal question jerkyboy1 PayPal Talk 0 05-18-2008 01:10 AM
Paypal question vers0 Subscriber Discussions 10 12-01-2007 04:41 AM


Aspkin Group

All times are GMT -5. The time now is 12:00 AM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts