Question about personal and business accounts
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Im really at a crossroads right now and need to know some information. Over the past 6 months i have been selling computer equipment under my personal ebay account even though im selling it for a company that is shutting down its operations as i have 100% feedback and am a great seller. My question though is im quickly getting to the $20,000 magical number that will then require me to get a 1099k which is something that i dont want or need to happen. But the kicker is i didnt do all the business on ebay. ive had about 4000 come from a sale outside of ebay. does this still count in terms of getting the 1099k or is it just for ebay sales? Also would changing my personal account to a business account make any difference in this? Not trying to skirt anything. Just want to make sure im up and up.
Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.
- Can I transfer money from my PayPal account to others' without linking any bank account? in My Money Archives
- How to delete my business account PayPal in My Account Archives
- Managing 2 different businesses under same business account in My Account Archives
- How to Downgrade from Business to Personal account? in My Account Archives
- How do i downgrade my business account in My Account Archives