Taxes with Paypal

Discussion in 'Legal Issues' started by emil2k, Nov 12, 2005.

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  1. #1
    Anybody know if im supposed to file taxes with PayPal, Im in US...

    I would think not because I think they would have asked for info like AS, but just to be safe :)
     
    emil2k, Nov 12, 2005 IP
  2. jbw

    jbw Peon

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    #2
    paypal does not collect tax returns.

    If you have the paypal MM fund option you will have to report that on your returns to the IRS.
    If you made money from the paypal referal program you also have to report that.
     
    jbw, Nov 12, 2005 IP