1099K is an informational form, not tax collection

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The Chip Board Archive 22

1099K is an informational form, not tax collection

In Response To: This is getting out of hand now pay pal ()

Here is a link to what the 1099K is and why PayPal will be creating them. We were warned a year or so ago that this was coming. It's a Fed requirement, not something PayPal thought up on their own.

http://www.etsy.com/blog/en/2012/the-paypal-1099-k-dont-fear-it/

Messages In This Thread

This is getting out of hand now pay pal

Re: This is getting out of hand now pay pal

not entirely correct

And shipping = $1.64

Today I opened my PP and had to give SS # I missed

1099K is an informational form, not tax collection

Re: This is getting out of hand now pay pal

Or possibly if more than 50% of the people paid

I agree with Doug Also, how many tax cheats

Doug, it's not "...so many people..." grin

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