Paypal vs Taxes
hi, i was using a friends info for a paypal account. the paypal account got limited and i asked my friend to give his info so he can unlimit the account. the account is now unlimited however my friend is worried since he had to give his SSN to paypal. he now doesnt want me to use the account because hes scared he has to pay taxes on the money when transfered from his paypal to his bank. i told him in the begining that i have about $8,000 in merchandise that i need to get rid of. i told him that 8,000 is nothing , but he insists that i find out more info on this. can anyone help me? what can i tell him that will provide him assurance?
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