Let me get this straight

[LoopHole]

I feel like i've asked this before but as far as i remember i have not gotten a full response. So do ALL transactions count towards your 20k limit?

As far as i know the payments you receive, the payments you send, and the money you spend on shipping labels counts.... What about refunds? And is there anything else i am missing?

I know i will be counting for this soon and i don't wanna mess up like i did last time. Got hit with the " provide tax ID" cuz i counted wrong

[unkown5454]

$20k is $20k. No tricks. They do not care about your refunds or fees. That's what tax forms are use for.

[FandangoKango]

Shipping, refunds, cases, all sells that add up to 20k only sales nomatter how many refunds you gave will ask your for tax id.

[slapped]

It is ALL of the Money that comes into your account that is related to SALES Only,,If someone sends you Money PERSONALLY like a loan,this Money Does NOT Count towards the $20,000, Neither does ANYTHING that you spend OUT Of the Paypal account,,Even if you Spend Money on things that you need to make you Sales Like Buying Boxes for your Items, Tape or Postage for shipping them,,ALL of those issues are dealt with on your Tax Returns,,

[LoopHole]

Originally Posted by slapped

It is ALL of the Money that comes into your account that is related to SALES Only,,If someone sends you Money PERSONALLY like a loan,this Money Does NOT Count towards the $20,000, Neither does ANYTHING that you spend OUT Of the Paypal account,,Even if you Spend Money on things that you need to make you Sales Like Buying Boxes for your Items, Tape or Postage for shipping them,,ALL of those issues are dealt with on your Tax Returns,,

So if it is ONLY the money that comes into my account from SALES only. Then if i receive $50 from a person. I refund him the $50, i only count it as $50 not $100 right?

And so from what your saying is that what i spend to pay for pp shipping labels does NOT count either?