Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. By browsing this website, you consent to the use of cookies. Learn more
OK
PayPal Navigation
Ask the Community Help the Community
PayPal Home
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 
Ask the Community Help the Community

Tax information for unemployed users???

SOLVED
Go to solution
Sabrina888
Contributor
Contributor
‎Nov-22-2020 08:00 PM
‎Nov-22-2020 08:00 PM

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!!!
Labels:
0 Kudos
1 ACCEPTED SOLUTION

Accepted Solutions
sharpiemarker
Esteemed Advisor
Esteemed Advisor
‎Nov-22-2020 08:06 PM
‎Nov-22-2020 08:06 PM

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

0 Kudos
1 REPLY 1
sharpiemarker
Esteemed Advisor
Esteemed Advisor
‎Nov-22-2020 08:06 PM
‎Nov-22-2020 08:06 PM

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

0 Kudos

©1999-2021 PayPal, Inc. All rights reserved.