Quote:
Originally Posted by JohnR
So if you use PP to conduct a business transaction, you are provided with a tax form, same as other payment processing, no??
Doensn't cost ya anything unless you were trying to sneak under the radar ; )
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Up till now PP 1099'd only if you had more than 200 transactions and did over 20k in sales. These states are greedy mofo's. If Joe Blow sells is golf clubs for 600 he'll get 1099 and have to prove loss or gain? Or sells some used fishing gear? Insane....