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| Thread title: PayPal Taxes?! |
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01-04-2007, 03:47 AM
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#1
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Status: I love this place
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 PayPal Taxes?!
I heard this year that there's a new law in the US that is gonna be made or is made where you have to pay taxes for using PayPal? Does anyone have more details/information about that? 
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01-04-2007, 03:49 AM
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#2
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if you receive money via anything it has to be on your household income, just go to your logs and see what you got. Just ask your tax broker about it.
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01-04-2007, 03:51 AM
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#3
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What do you mean by "revive money"?
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01-04-2007, 03:53 AM
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#4
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a typo, receive is what I meant.
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01-04-2007, 03:54 AM
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#5
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So let's say I received $1,000 on PayPal, I would have $1,000 more added to my parent's household income?
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01-04-2007, 03:56 AM
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#6
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Originally Posted by blindguardian
So let's say I received $1,000 on PayPal, I would have $1,000 more added to my parent's household income?
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I believe that:
1. The US Gov't won't care if its under $15,000.00.
2. If you Live with your parents, I assume your <18, therefore you won't pay taxes.
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01-04-2007, 03:57 AM
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#7
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But my household will still be charged... right?
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01-04-2007, 03:58 AM
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#8
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Originally Posted by blindguardian
But my household will still be charged... right? |
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Originally Posted by northpark
I believe that:
1. The US Gov't won't care if its under $15,000.00.
2. If you Live with your parents, I assume your <18, therefore you won't pay taxes.
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You answered your own question.
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01-04-2007, 04:10 AM
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#9
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Originally Posted by northpark
I believe that:
1. The US Gov't won't care if its under $15,000.00.
2. If you Live with your parents, I assume your <18, therefore you won't pay taxes.
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1. I wouldnt make a bet on that, the IRS is about as greedy as donald trump
2. if you are under 18 you are working in an adults name, on paper your dad/mom earned the money
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01-04-2007, 04:42 AM
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#10
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I am under 18 and I paid taxes last year. God they killed me 
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