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Tax information for unemployed users???

SOLVED
Sabrina888
Contributor

Tax information for unemployed users???

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!!!
1 ACCEPTED SOLUTION

Accepted Solutions
sharpiemarker
Esteemed Advisor

Re: Tax information for unemployed users???

@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. 🙂

View solution in original post

1 REPLY 1
sharpiemarker
Esteemed Advisor

Re: Tax information for unemployed users???

@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. 🙂

View solution in original post