[MRCA] eBay/PayPal

[Paul Sokoloff]

They say they will not report anything under $20,000 to the IRS.  If you believe them??
No 1099s from Paypal here in PA.

Paul


>     On 02/01/2021 6:42 PM JJ via MRCA <mrca at mailman.qth.net> wrote:
>      
>      
>     I’ve been getting a 1099 from PayPal for the last 2 or 3 years. The Massachusetts Department of Revenue compelled them to do it.
>     Jon WS1K
> 
> 
>     Sent from the all new Aol app for iOS https://apps.apple.com/us/app/aol-news-email-weather-video/id646100661
> 
> 
> 
>     On Monday, February 1, 2021, 6:24 PM, Rich Arland <k7sz at live.com> wrote:
> 
>         > >         Has anyone recently checked the email from eBay? If not, methinks eBay has rolled over for the IRS. Apparently (as I read the mssg) after 2-28-2021 you will be paid directly to your bank account rather than PayPal. In order to do this, you have to "update" your eBay account info including providing your SSAN and DoB. Whatcha wanna bet that that info will be sent directly to the IRS after you sell a piece of gear on eBay? Which means you will have to declare this "income" to the IRS when you file each year.
> > 
> >         Comments?.
> > 
> >         Vy 73
> > 
> >         Rich K7SZ..
> >          
> >          
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