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| Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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02-28-2005, 08:23 AM
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#1 |
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G F Y not
Industry Role:
Join Date: Jan 2004
Location: MN
Posts: 2,910
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Does Paypal file your income to the IRS?
Anyone know.
__________________
 TGPFactory Full TGP Design & Installation Services ICQ 250 142 484 · AIM TGPDynamix · Email: patrick (at) tgpfactory (dot) com See who I am at AdultWhosWho.com! |
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02-28-2005, 08:27 AM
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#2 | |
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Confirmed User
Industry Role:
Join Date: Oct 2003
Location: North Carolina
Posts: 4,257
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Quote:
noooooooooo, they don't Ivy |
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02-28-2005, 08:36 AM
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#3 |
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Confirmed User
Join Date: Oct 2003
Posts: 1,653
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No ... but Ebay/PayPal *DOES* share some of their data with law enforcement (they have publically stated so!), and thus it wouldn't surprise me if that included the IRS too; generate custom data queries for the IRS to look at, such as large volume accounts and/or lots of transfers to international PayPal users, etc.
Ron
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Domagon - Website Management and Domain Name Sales |
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02-28-2005, 08:48 AM
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#4 |
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Drunk and Unruly
Join Date: Jan 2002
Location: Hollywood
Posts: 22,712
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Don't trust it. I can't see how a large company like that wouldn't cooperate with the IRS fully and transparently.
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I've trusted my sites to them for over a decade... Webair, bitches. |
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02-28-2005, 08:53 AM
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#5 |
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Doing the grind since 99
Industry Role:
Join Date: Oct 2003
Location: Buffalo NY
Posts: 16,881
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Claim your income and you won't have to worry about it. I don't think they report to the IRS for every user, but if you were to get audited I am sure they would cooperate with the IRS.
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Living in Virtual Reality Contact: Email (preferred): furiousmale .at. gmail - Skype: live:shanedws |
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02-28-2005, 01:47 PM
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#6 |
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Confirmed User
Join Date: Nov 2003
Location: 237 619 975
Posts: 8,944
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dont pay taxes on paypal income ;)
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