Forum Posts

South African VAT

Hi, as Paypal added VAT to their fees for South African clients... where would I download invoice showing the VAT charged? (my business is also VAT registered). I played around in Paypal now and downloaded invoices, but nowhere am I seeing their VAT ...

W-8BEN-E update

Hi, I have a question about the W-8BEN-E form. From the 1 st of January 2024 Hungary and the US have no longer a tax treaty, so I have to update my W-8BEN-E, but I can't find it, where can I upload it?

1099K

Paypal submitted a 1099K for transactions that should have been friends and family. They will not make the correction after many attempts to call and message them. They can careless that we are being taxed on transactions that were not income. It is ...

Paypal refuses to fix the incorrect total on my 1099 tax form

The total on my 1099 form is $6k above the payments I actually received as a merchant. Having sifted through the monthly reconciliation report, Paypal has included the shipping amounts debited from my credit card paid Shipstation — get this — as inco...

fs1947 by Contributor
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Goods and services vs. Friends and family

PayPal refuses to correct transactions that were sent as goods and services b it should have been friends and family, what are the tax consequences for this and does anyone else want to join a class action lawsuit?

Where to find a summary of PayPal fees for the year

I need the total PayPal fees I paid for tax year 2019. PayPal support is directing me to the Financial Summary report, which is no longer available. If I click Activity > Statements > Custom, there is no "Financial summaries" option. If I select any ...

SenseiWu by Contributor
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financial summaries and invoices

How do you deal with sending your accountant income invoices for business paypal?Do you send them each sale as a invoice? Or do you group them together once a week, month etc? I would rather send my sales weekly, but I can't find any functions on Pay...