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-   -   Do you report all of your Paypal Income to the IRS? (https://gfy.com/showthread.php?t=423498)

MF Doom 01-28-2005 07:44 AM

Do you report all of your Paypal Income to the IRS?
 
Do you report all of the money that hits your paypal account or do you only report it when you transfer it to a bank account?

studio 01-28-2005 07:46 AM

If you report any of it you best report it all... it leaves a paper trail...

Spunky 01-28-2005 07:49 AM

Yes indeed I do...it's the right thing to do :1orglaugh

DomBuyer 01-28-2005 07:51 AM

This has been much talked about, and any idiot who thinks he can hide his paypal income from the .guv is a fool.

Declare it and sleep at night.

dirtydesignz 01-28-2005 07:52 AM

Quote:

Originally Posted by spunky
Yes indeed I do...it's the right thing to do :1orglaugh

yea! :1orglaugh

Rui 01-28-2005 09:48 AM

Yes I do officer!

MF Doom 01-28-2005 09:54 AM

Quote:

Originally Posted by Rui
Yes I do officer!

thanks for blowing my cover :mad:

Pornwolf 01-28-2005 09:57 AM

I don't use Paypal.

xclusive 01-28-2005 10:30 AM

if you don't you are a greedy fool.

evanmorgan 01-28-2005 10:32 AM

ive never earnt enough too, but i imagine you can claim a bit back on your heating and light, as you house is your office.

Ev

ADL_JD 01-28-2005 10:34 AM

You're not a covert IRS agent are you?

;)

Stephen 01-28-2005 12:02 PM

Report all of your income. Pay your taxes. Remember Al Capone. :2 cents:


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