Is there a "premium" account? And if you have a business account do you have to report to IRS?

smash41
New Community Member

We have an event coming up and need to order shirts and we would like the people to pay for their shirts...we will not be making any money off of this and need to invoice people.  Our event page requires a premium paypal account or business...

 

If we i had to switch to a business account would i have to report the shirt proceeds for taxes?

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