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Started By
Message
PayPal wants my Tax ID Number.
Posted on 1/14/15 at 6:09 pm
Posted on 1/14/15 at 6:09 pm
It says if you have $20,000 in sales or 200 transactions.
I guess I went over the 200 transactions.
Have any of you been asked to provide this info? Did you provide it?
I guess I went over the 200 transactions.
Have any of you been asked to provide this info? Did you provide it?
This post was edited on 1/14/15 at 6:12 pm
9
Posted on 1/14/15 at 6:10 pm to AlbertMeansWell
PayPal is for losers.
Looks like you fit right in.
Looks like you fit right in.
Posted on 1/14/15 at 6:10 pm to AlbertMeansWell
No, all my illegal activities are in cash.
Posted on 1/14/15 at 6:14 pm to AlbertMeansWell
No way I give that to them.
Posted on 1/14/15 at 6:15 pm to VetteGuy
quote:
PayPal is for losers.
Looks like you fit right in.
I
'dPosted on 1/14/15 at 6:18 pm to AlbertMeansWell
quote:IRS requirement
It says if you have $20,000 in sales or 200 transactions.
I guess I went over the 200 transactions.
Have any of you been asked to provide this info? Did you provide it?
ETA: IRC Section 6050W
This post was edited on 1/14/15 at 6:19 pm
Posted on 1/14/15 at 6:21 pm to AlbertMeansWell
Your shite finna get seized
Any pay your state sales tax, a-hole
Any pay your state sales tax, a-hole
Posted on 1/14/15 at 6:21 pm to AlbertMeansWell
Program a robot to handle all of your PayPal transactions.
Posted on 1/14/15 at 6:30 pm to drewnbrla
The IRS requires PayPal to submit a 1099K form for all of its larger merchants. That's why you'll need to provide your tax ID or SSN. There's nothing unusual about it.
And PayPal definitely isn't for losers IMO. Its Web payments API has low transaction fees, great fraud controls, very good customer service, and very little downtime if you're an online merchant.
With the API integration, online customers never see a PayPal login page and typically never know that PayPal is handling the payment card transaction.
And PayPal definitely isn't for losers IMO. Its Web payments API has low transaction fees, great fraud controls, very good customer service, and very little downtime if you're an online merchant.
With the API integration, online customers never see a PayPal login page and typically never know that PayPal is handling the payment card transaction.
Posted on 1/14/15 at 6:35 pm to austintigerdad
quote:
The IRS requires PayPal to submit a 1099K form for all of its larger merchants. That's why you'll need to provide your tax ID or SSN. There's nothing unusual about it.
Am I gonna get taxed?
Posted on 1/14/15 at 6:37 pm to austintigerdad
Nor do they realize paypal is a glorified sales channel. Think chase is the true acquirer.
Posted on 1/14/15 at 6:38 pm to AlbertMeansWell
quote:
Am I gonna get taxed?
No, paypal just wants your Tax ID number so the IRS won't be able to ID you for your taxes.
Posted on 1/14/15 at 6:39 pm to AlbertMeansWell
quote:
Am I gonna get taxed?
Damn right. Be an honest man and pay your taxes. Don't commit federal fraud.
Posted on 1/14/15 at 6:47 pm to AlbertMeansWell
Yeah, don't be a wuss.... Tax avoidance and tax evasion are totally different things
Posted on 1/14/15 at 6:50 pm to austintigerdad
Lol.
From the consumer standpoint you get far more protection using your bank-issued credit card for purchases.
I can definitely see why a business, especially a sketchy e-business, would want you to remit payment via PayPal.
From the consumer standpoint you get far more protection using your bank-issued credit card for purchases.
I can definitely see why a business, especially a sketchy e-business, would want you to remit payment via PayPal.
Posted on 1/14/15 at 6:51 pm to VetteGuy
quote:
I can definitely see why a business, especially a sketchy e-business, would want you to remit payment via PayPal.
Posted on 1/14/15 at 6:57 pm to VetteGuy
Hmmmmmm. Would like you to call him a loser to his face
Nah you would not show up
Nah you would not show up
Posted on 1/14/15 at 6:59 pm to namvet6566
Well, he did edit "loser" out of his post.
Hence, my reply.
Hence, my reply.
Posted on 1/14/15 at 7:01 pm to ILikeLSUToo
I really don't like PayPal.
Posted on 1/14/15 at 7:02 pm to AlbertMeansWell
That's why smart people use Bitcoin. Tax free
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