|
01-17-2013
| Junior Member | | Join Date: Nov 2011
Posts: 77
Thanks: 0
Thanked 1 Time in 1 Post
Activity: 0% Longevity: 72% | | 1099s out yet?
I've heard of a few people getting their 1099s today, anyone else receive them?
|
The complete step-by-step guide to get back to selling today!
| |
01-17-2013
| Senior Member | | Join Date: Dec 2012
Posts: 191
Thanks: 6
Thanked 16 Times in 14 Posts
Activity: 0% Longevity: 66% | | Quote:
Originally Posted by bowlfan912 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
| The Following User Says Thank You to smokescreen For This Useful Post: | |
01-19-2013
| Senior Member | | Join Date: Jun 2010
Posts: 2,656
Thanks: 25
Thanked 401 Times in 337 Posts
Activity: 0% Longevity: 80% | |
I got mine today... Made 49k on ebay :-( WEAK!
|
01-19-2013
| | Executive [VIP] | | Join Date: Mar 2010
Posts: 3,363
Thanks: 398
Thanked 1,406 Times in 871 Posts
Activity: 0% Longevity: 82% | | Quote:
Originally Posted by Gamefreak 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?,,,, ,,,,,,,,,,,,
__________________
The 3 Keys to Success are:,,,,Research, Research, and More Research,,,,, |
01-20-2013
| Senior Member | | Join Date: Jun 2010
Posts: 2,656
Thanks: 25
Thanked 401 Times in 337 Posts
Activity: 0% Longevity: 80% | | Quote:
Originally Posted by slapped Now Fess up,,,,thats only on 1 Account,,,the WEAK one what about the other 30?,,,, ,,,,,,,,,,,, | 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!
| The Following 3 Users Say Thank You to Gamefreak For This Useful Post: | |
01-20-2013
| Executive [VIP] | | Join Date: Nov 2012
Posts: 3,108
Thanks: 412
Thanked 672 Times in 497 Posts
Activity: 0% Longevity: 67% | |
Yes, today. Not in the mail like last year but I got the email to access the online doc.
|
01-20-2013
| | Executive [VIP] | | Join Date: Mar 2010
Posts: 3,363
Thanks: 398
Thanked 1,406 Times in 871 Posts
Activity: 0% Longevity: 82% | | Quote:
Originally Posted by Gamefreak 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,
__________________
The 3 Keys to Success are:,,,,Research, Research, and More Research,,,,, |
01-23-2013
| Junior Member | | Join Date: Nov 2012
Posts: 11
Thanks: 2
Thanked 2 Times in 2 Posts
Activity: 0% Longevity: 67% | |
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.
|
01-24-2013
| Junior Member
Threadstarter  
| | Join Date: Nov 2011
Posts: 77
Thanks: 0
Thanked 1 Time in 1 Post
Activity: 0% Longevity: 72% | | Quote:
Originally Posted by knive 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?
|
01-24-2013
| Junior Member | | Join Date: Nov 2012
Posts: 11
Thanks: 2
Thanked 2 Times in 2 Posts
Activity: 0% Longevity: 67% | |
yes they have social. only received one gift payment of 350, and total sales were about 20,850. with 210 trans.
|
01-24-2013
| Junior Member | | Join Date: Jan 2013
Posts: 11
Thanks: 1
Thanked 4 Times in 2 Posts
Activity: 0% Longevity: 66% | |
You gave paypal your real information?
|
01-25-2013
| Junior Member
Threadstarter  
| | Join Date: Nov 2011
Posts: 77
Thanks: 0
Thanked 1 Time in 1 Post
Activity: 0% Longevity: 72% | | Quote:
Originally Posted by knive 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?
|
01-25-2013
| Junior Member | | Join Date: Nov 2012
Posts: 11
Thanks: 2
Thanked 2 Times in 2 Posts
Activity: 0% Longevity: 67% | |
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!
|
01-25-2013
| Junior Member
Threadstarter  
| | Join Date: Nov 2011
Posts: 77
Thanks: 0
Thanked 1 Time in 1 Post
Activity: 0% Longevity: 72% | | Quote:
Originally Posted by knive 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
|
01-25-2013
| | Subscribed [VIP] | | Join Date: Jan 2013
Posts: 40
Thanks: 18
Thanked 11 Times in 4 Posts
Activity: 0% Longevity: 66% | |
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).
Last edited by TGMT²; 01-25-2013 at 05:57 PM.
|
01-25-2013
| Junior Member
Threadstarter  
| | Join Date: Nov 2011
Posts: 77
Thanks: 0
Thanked 1 Time in 1 Post
Activity: 0% Longevity: 72% | |
did you get 1099 this week?
|
01-28-2013
| | Subscribed [VIP] | | Join Date: Jan 2013
Posts: 40
Thanks: 18
Thanked 11 Times in 4 Posts
Activity: 0% Longevity: 66% | | Quote:
Originally Posted by bowlfan912 did you get 1099 this week? | Yes, well last week now, they emailed it on Jan 17th.
|
01-28-2013
| | Executive [VIP] | | Join Date: Dec 2009
Posts: 77,177
Thanks: 6,032
Thanked 9,024 Times in 8,313 Posts
Activity: 100% Longevity: 83% | |
My US accounts have not received this yet.
|
01-28-2013
| Junior Member
Threadstarter  
| | Join Date: Nov 2011
Posts: 77
Thanks: 0
Thanked 1 Time in 1 Post
Activity: 0% Longevity: 72% | |
were they verified with ssn or ein numbers?
|
01-28-2013
| | Executive [VIP] | | Join Date: May 2011
Posts: 1,788
Thanks: 376
Thanked 440 Times in 349 Posts
Activity: 0% Longevity: 75% | | Quote:
Originally Posted by smokescreen 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
|
02-09-2013
| Executive [VIP] | | Join Date: Nov 2012
Posts: 3,108
Thanks: 412
Thanked 672 Times in 497 Posts
Activity: 0% Longevity: 67% | |
EIN, was able to pull mine off the website. Was wondering if anyone has gotten theirs in the mail yet?
|
02-09-2013
| Member | | Join Date: Nov 2012
Posts: 348
Thanks: 0
Thanked 86 Times in 57 Posts
Activity: 0% Longevity: 67% | |
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.
Last edited by boost; 02-09-2013 at 12:17 PM.
| | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts HTML code is Off | | | |