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-   -   1099s out yet? (https://www.aspkin.com/forums/paypal-talk/55492-1099s-out-yet.html)

bowlfan912 01-17-2013 05:43 PM

1099s out yet?
 
I've heard of a few people getting their 1099s today, anyone else receive them?

smokescreen 01-17-2013 09:34 PM

Quote:

Originally Posted by bowlfan912 (Post 411595)
I've heard of a few people getting their 1099s today, anyone else receive them?

I think legally they have to send them out before Jan 31st

Gamefreak 01-19-2013 10:26 PM

I got mine today... Made 49k on ebay :-( WEAK!

slapped 01-19-2013 10:49 PM

Quote:

Originally Posted by Gamefreak (Post 412209)
I got mine today... Made 49k on ebay :-( WEAK!

Now Fess up,,,,thats only on 1 Account,,,the WEAK one what about the other 30?,,,,:noidea:,,,,,,,,,,,,:shhh:

Gamefreak 01-20-2013 12:03 AM

Quote:

Originally Posted by slapped (Post 412210)
Now Fess up,,,,thats only on 1 Account,,,the WEAK one what about the other 30?,,,,:noidea:,,,,,,,,,,,,:shhh:

ROFLMAO.. no no I dont sell on ebay much.. only stuff I cant move on amazon.. now amazon is where I make my real money... cant wait!

vogeltron 01-20-2013 04:59 AM

Yes, today. Not in the mail like last year but I got the email to access the online doc.

slapped 01-20-2013 10:57 AM

Quote:

Originally Posted by Gamefreak (Post 412219)
ROFLMAO.. no no I dont sell on ebay much.. only stuff I cant move on amazon.. now amazon is where I make my real money... cant wait!

I see, the rest of the accounts are on Amazon, and you sort of use Ebay to "Throw out the Garbage",,Gotcha,,I do the Same,

knive 01-23-2013 10:55 PM

I still show nothing online for paypal 1099 documents 2012. Are some still not ready?? or does this mean I am not getting one??? I added my numbers for every month and should have passed the totals for both requirements.

bowlfan912 01-24-2013 09:38 AM

Quote:

Originally Posted by knive (Post 413724)
I still show nothing online for paypal 1099 documents 2012. Are some still not ready?? or does this mean I am not getting one??? I added my numbers for every month and should have passed the totals for both requirements.

few questions-

did you give them your ein or ssn?
where you over 20k with the addition of gift payments?

knive 01-24-2013 01:55 PM

yes they have social. only received one gift payment of 350, and total sales were about 20,850. with 210 trans.

charizard 01-24-2013 05:23 PM

You gave paypal your real information?

bowlfan912 01-25-2013 10:04 AM

Quote:

Originally Posted by knive (Post 413968)
yes they have social. only received one gift payment of 350, and total sales were about 20,850. with 210 trans.

how much was in gift payments received?

knive 01-25-2013 02:42 PM

only one gift payment for $350 that I could see. I think I'll have to go over it again...I'm just too close. hoping they were all available online now and I was not getting one!

bowlfan912 01-25-2013 05:25 PM

Quote:

Originally Posted by knive (Post 414344)
only one gift payment for $350 that I could see. I think I'll have to go over it again...I'm just too close. hoping they were all available online now and I was not getting one!

interesting. Well they don't have to send them til the 31st to the irs, go to your tax reports in paypal history

Count Chocula 01-25-2013 05:35 PM

New forum member here, I got a 1099 over email for my one real account (have my SSN) that was over the $20k limit but not for my newish stealth account that was certainly under the $20k limit and has no SSN on it (despite their prodding).

bowlfan912 01-25-2013 07:47 PM

did you get 1099 this week?

Count Chocula 01-28-2013 11:39 AM

Quote:

Originally Posted by bowlfan912 (Post 414397)
did you get 1099 this week?

Yes, well last week now, they emailed it on Jan 17th.

rsot 01-28-2013 01:37 PM

My US accounts have not received this yet.

bowlfan912 01-28-2013 05:10 PM

were they verified with ssn or ein numbers?

slim jim 01-28-2013 07:02 PM

Quote:

Originally Posted by smokescreen (Post 411638)
I think legally they have to send them out before Jan 31st

legally is the key word. they illegally hold people's $. they do as they please. i would hope they get in trouble for this as can any regular everyday business

vogeltron 02-09-2013 03:24 AM

EIN, was able to pull mine off the website. Was wondering if anyone has gotten theirs in the mail yet?

boost 02-09-2013 12:12 PM

Haven't received anything stating anything about a 1099 and I have EIN attached. I went over 20k but NOT 200 transactions. Isn't it 20k AND 200 transactions? I know it is for GC...you have to hit 20k AND 200 not OR.

EDIT: Taken directly from Paypal's website:

Starting in 2011, PayPal is required by the IRS to report the sales of goods and services for customers who, in a single year receive:

More than $20,000, AND
200 or more payments.


The new IRS 6050W changes apply to all payment providers, including PayPal. This includes payments received after January 1, 2011, with the first reports sent to the IRS in early 2012.

You can find more information and FAQs about the new IRS 6050W requirements on the PayPal IRS 6050W website.


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