Thread: PayPal Friends and Family?
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GH85Carrera GH85Carrera is online now
Get off my lawn!
 
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Join Date: Nov 2007
Location: Oklahoma
Posts: 86,156
Garage
Quote:
Originally Posted by Eric Hahl View Post
Sell enough on ebay and get a 1099 form. F&F avoids this I think.
Yea, and I heard Pay Pal heard from the IRS, and the IRS wants the taxes owed on all the actual businesses selling under friends and family.
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Glen
49 Year member of the Porsche Club of America
1985 911 Carrera; 2017 Macan
1986 El Camino with Fuel Injected 350 Crate Engine
My Motto: I will never be too old to have a happy childhood!
Old 04-19-2023, 09:58 AM
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