PayPal Community

Unfortunately not. ... View more

You are prob not getting quick & direct answers bc ur not asking a quick & direct question.  You said u have some floating thoughts if u will be paying taxes for money earned thru Paypal. Ok, so u have some floating thoughts. What exactly is your question??? Can't expect others to read ur mind or give u a direct answer when u dont ask a direct ques.   First off, as others stated, u must consult a tax professional if u want to be assured any answer u receive is correct. We can provide guidance/assistance, but that should not replace advice of a tax pro. Second, I'm glad to try & help but pls understand that since ur ques isn't clear I hafta assume what u mean and are trying to ask.   You are required by law to pay tax on all income, whether it is reported or not. Just bc u dont get a 1099, W2, etc. doesn't mean that you're not responsible (i.e. Paypal sends a 1099 for over $20K in payments and over 200 transactions. If you do $19,999 and dont get a 1099, you still have to pay taxes on that "income*", it just wont be reported to the IRS by Paypal. (*Income in quotes bc ur not responsible for tax on all ur sales, just net income after expenses, deductions, etc.   Yes, many people try to cheat the IRS. If a 1099 is reported to them and its not on ur return, it will eventually be caught by computer and u will get notice that u owe the taxes on it.  If it is not reported to the IRS and u dont report the income, the chance of you being caught is extremely slim.  Chance of a random audit on low-median incomes is miniscule...although is possible.   Again, I think what ur asking is whether it will be REPORTED to the IRS, not whether u will have to pay taxes on it. If you did not have over $20,000 in gross payments received AND over 200 transactions, then it will NOT be reported by Paypal to the IRS. For REPORTING purposes it does not matter what u earned at ur job. Paypal only REPORTS if u receive over $20k THRU PAYPAL with over 200 transactions.  If Paypal does not report it then the only way the IRS would know about it is if you tell them about it or if they do an audit and uncover it.   Once more, to be clear and direct:  based on the scenario u presented, Paypal will NOT report ur sales to the IRS. However, you are still legally REQUIRED to pay taxes on any INCOME u earn. Many will cheat the IRS and get away with it because the likelihood of getting caught is so small and USUALLY the only penalty would be to pay the taxes that u owe. If that doesn't answer ur ques or u have more, lmk. ... View more

If you view the transaction details, it will tell you if the authorization is expired or you will see buttons for reauthorize, void, or capture.   If it is expired, I'm afraid you will have to call the customer. You can initiate a new transaction from the details screen, but will have to re-enter his card expiration date and cvc code. ... View more

As mentioned by others, there are lots of options for shopping carts.  PayPal does offer some basic ways, check out this link: https://cms.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=developer/howto_html_landing   If you need more advanced features, then a 3rd party cart will work well.  Everything depends on your skills and comfort level.   If you are familar with creating your own web pages, you can setup your own shopping cart using PayPal's button creators.  The key to using PayPal's button creators or a 3rd party cart is the proper configuration of your PayPal Account Profile.  The  flow of your checkout process is dependent on your Profile.    There are also web site templates with built in carts, here's one site:http://allwebcodesign.com/setup/icarts.htm   And here's one example of a 3rd party cart that will work your PayPal Account:  http://www.coffeecup.com/shopping-cart/   Last thought, make sure that you have a PayPal Business Account, else you will not have specific features like allowing your customer to check out without having a PayPal Account. ... View more

Yup. BS! Im sick of this crap from PP.. makes no sense to hold my money like this. I live on EBT at the moment.. I NEED money for gas to work and my phone bill thats overdue. while my shipped package of ten days sits at the post office. I hate scummy buyers.. going to require immediate payment of my items and hold them until i can transfer or at least USE my money from the sale. Ebay and PP are at fault, I tell the buyers.. They can complain all they want ,  no money , no item.   greedy paypal.. if i take the time to ship something first class in person and with delivery confirmation.. why hold my money for a month? F***** stupid. ... View more

It is somewhere in the Paypal account settings, though naturally I can never find something there when I want it 😞 ... View more

That may be ok when you're in your store or office, but when you are at a trade show with only Paypal Here, I don't think you can do that, can you? ... View more

Contact Paypal about it directly. They usually only hold funds if there is a problem with the payment from your customer, so you need to find that out before you ship. ... View more

thank you for the help ... View more