20,000 Irs Rule

[Dmshark25]

On your My Summary Page of PayPal look for the "Reports" tab click on that and you will find a tax forms tab to click

[Stealth101]

Originally Posted by jm091804

thanks for the advice. Ya I collected almost 20,000 but with ebay fees, shipping costs, supplies, cost of items, etc. I only profited about mabye 14,000 if that. How will you know if paypal reports to irs anyways? will you get a 1099 in the mail? thanks again

You took 6k and turned it into 14k and that was not good to you? No way those are real numbers. I am pretty sure everyone here would kill for that return.

[agent006140]

Originally Posted by Stealth101

You took 6k and turned it into 14k and that was not good to you? No way those are real numbers. I am pretty sure everyone here would kill for that return.

that was 2014!