Tax information for unemployed users???

Sabrina888
Contributor
Contributor
Hello! I am new to PayPal and I have started selling some used and new name brand clothing from my hoard and I am using PayPal for payment and shipping! I have been promoted to input my taxpayer information to be able to receive my funds but I have been unemployed for several years now. How do I proceed?! Someone please help!!!
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sharpiemarker
Esteemed Advisor
Esteemed Advisor

@Sabrina888 

 

Just enter your Social Security Number, and if you do over 200 transactions and $20k in gross sales receipts, then it gets reported to the IRS and you get a 1099K form.


Kudos & Solved are greatly appreciated. 🙂

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Solved

sharpiemarker
Esteemed Advisor
Esteemed Advisor

@Sabrina888 

 

Just enter your Social Security Number, and if you do over 200 transactions and $20k in gross sales receipts, then it gets reported to the IRS and you get a 1099K form.


Kudos & Solved are greatly appreciated. 🙂
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