Taxes on receiving friends and family

[Fernando707M]

Hello, my friend is selling crypto and the buyer will be paying in PayPal through Friends and family, if the buyer sends it to my Paypal and i instantly send it to my friend, will I have to file taxes although it is not my investment or winnings?

[kernowlass]

@Fernando707M 

Its against Paypal rules to accept a family / friends payment for selling goods and you risk your Paypal account being limited if you do so.

A buyer would not be able to open a Paypal dispute for non-receipt of item OR item not as described as they would have no Paypal buyer protection.

However they can still open a dispute for an unauthorised transaction OR do a chargeback (via their card issuer) and you may well lose as you would have no Paypal seller protection.