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Old 01-27-2013, 11:29 PM   #1
RandysHobby
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Default What's The Deal with Paypal and taxes?

I once got a email from paypal needing my bank account info or something like that because I made over 2k in a year selling cards. What do I have to do with taxes? Do I file them or get billed in the mail or will I not be taxed at all? Im a youngster not having to deal with taxes so I have no idea what to do!
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Old 01-27-2013, 11:37 PM   #2
Razorsharp79
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You're going to jail
























just kiddiing....
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Old 01-27-2013, 11:37 PM   #3
coltsnsox07
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Don't worry, they want your tax ID number or Social Security number just in case you sell over $20,000 AND receive 200 paypal payments. That's all.
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Old 01-27-2013, 11:38 PM   #4
RandysHobby
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Quote:
Originally Posted by Razorsharp79 View Post
You're going to jail
























just kiddiing....

Haha Thanks for the good laugh!
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Old 01-27-2013, 11:39 PM   #5
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Quote:
Originally Posted by coltsnsox07 View Post
Don't worry, they want your tax ID number or Social Security number just in case you sell over $20,000 AND receive 200 paypal payments. That's all.

Ok! I thought it was 2k its 20k?
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Old 01-27-2013, 11:41 PM   #6
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Quote:
Originally Posted by Razorsharp79 View Post
You're going to jail

just kiddiing....
Hilarious...
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