Skip to main content

PayPal Community

  • Dashboard
  • Send and Request
  • Wallet
  • Business
  • Help
Log in

Le Forum de la communauté n’est pas disponible pour les nouveaux messages ou les réponses; les articles précédents restent disponibles pour vérification. Afin de connaître les options d’assistance complètes, rendez-vous sur PayPal.com/HelpCenter

Si vous souhaitez signaler du contenu illégal et contraire au Règlement sur les services numériques de l’Union Européenne (DSA), veuillez cliquer ici.

since ‎Sep-11-2011
Country: United States
Type: Personal
Explorations
Explorations Contributor
Contributor
1
Post
0
Kudos
0
Solutions
The Return
Active
Your 10th PayPal Anniversary
Your 5th PayPal Anniversary
Your 3rd PayPal Anniversary
Your PayPal Anniversary
Pioneer
View all
Latest Contributions by Explorations
  • Topics Explorations has Participated In
  • Latest Contributions by Explorations

Do tax and fees count toward the 1099-K $600 thres...

by Explorations Contributor in Reporting Archives
‎Oct-11-2022 11:46 AM
‎Oct-11-2022 11:46 AM
In my sales transactions (most of my sales are from Discogs, a record/CD selling site), the money I actually receive in my Paypal account is net of Paypal and Discogs fees, and sales tax is taken out as well (it's included in "partner fee").   So a transaction summary appears something like this: Purchase details Discogs Order #xxxxx-xxxxx $38.99 Shipping$5.99 Tax$4.04 Purchase total$49.02 Fee-$1.96 Partner fee-$7.16 Total$39.90   So the purchase total is $49.02, but what I actually receive is $39.90.   What I'm wondering is: Does the $49.02 or $39.90 count toward my $600 limit for 1099-K purposes?   Thanks! ... View more
Labels:
  • Labels:
  • Tax Documents
Paypal Logo
  • Help
  • Contact Us
  • Security
  • Fees
  • © 1999-2025 PayPal, Inc. All rights reserved.
  • Privacy
  • Legal
  • Cookies
  • Policy Updates

The money in your balance is eligible for pass-through FDIC insurance.

The PayPal Cash Mastercard is issued by The Bancorp Bank pursuant to a license by Mastercard International Incorporated. The Bancorp Bank; Member FDIC.

Powered by Khoros