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Hello all. I have been checking my PayPal account constantly for anything new on a claim I filed due to a scam. My question is, on the 10th day: what time does the case close? Is it exactly 10 days from the minute that case was opened or is it after the close of the work day? Basically making it the 11th day? Also can I call paypal on the 10th day after the time that case was opened to ask that case be closed in my favor? This is a large sum of money over 3k, and I want to get this refunded back ASAP. Thus far it's been 8 days and no response from the other party to paypal. Thank you.
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What state do you live in? VT and MA went to $600 threshold in 2017 slipping it in at very end of the year and made it retroactive for that entire year. I am sure other states are starting to catch on and require PayPal to send 1099 k for anything over 600. The good news is that they are treating you as a business and you can now start gathering write-offs for a business loss. if you do your homework like I did you will actually make money on them.
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My middle finger just went out to VT They thought they were going to make tons of $. With this new change? Well, they just turned everyone who sells over $600 in to a business, and I just got the results from my accountant. $11,000 loss with all deductions. Nice return. Take that!
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Gather all receipts, and write offs. Postage, Milage, Inventory, utilities, phone, internet, office space for business. If the states think they are going to gain revenue from what they have done to us; let's make them pay! ,And have it backfire on them. Basically they are saying we are a business now.
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