Beta Insights
Jene
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Posted on
Jan-02-2018
07:29 AM
what is up here?
So I checked out BETA insights...while I am well aware this is 'BETA"
it has me as doing 33k transactions and 215 sales.
I hate to disappoint but shockingly enough they included friends and family payments which aren't supposed to go to a 1099/
My husband and friends have sent me money via paypal most of the year and I would say each month I did a good actual 5 sales....no where near the 20k and 200 transactions. Am I supposed to worry now I am being taxed on the friends and family cash? ) no fees no anything.
Thank you.
1 REPLY 1
Murrell
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Jan-04-2018
08:42 AM
Same problem here. A lot of times I go out to eat with a bunch of friends and pay for the whole meal on my debit card to make it easy on the server. My friends reimburse me through PayPal f&f. Hope this report doesn't actually mean f&f is counted towards the $20k limit because I would have avoided a lot of things otherwise. Would have been nice to get a notice from PayPal.

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