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-   -   20k limit or taxes 2 paypal 1 ebay (https://www.aspkin.com/forums/subscriber-discussions/27100-20k-limit-taxes-2-paypal-1-ebay.html)

Wengsu78 01-16-2011 07:20 PM

20k limit or taxes 2 paypal 1 ebay
 
i heard of the new 20k limit on paypal accounts.

so does that mean if i hit close to that number on my paypal i will be limited?

and is it possible to have 1 ebay account sending payments to two seperate paypal accounts, so less goes through them.

will this decrease risks of limitation in paypal?


thanks!

GreenBean 01-16-2011 07:33 PM

Two different issues. Firstly, use paypal and a limitation can happen. Read the threads below for info. You and a tax accountant need to become friends.

This issue of the $20,000 is addressed on the forum.
http://www.aspkin.com/forums/subscri...-usa-only.html

http://www.aspkin.com/forums/paypal-...et-1099-k.html

http://www.aspkin.com/forums/paypal-...-usa-only.html


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