Quote:
Originally Posted by jwasbury
My buddy sells a lot of stuff online. He got a 1099 from Paypal this year for the first time.
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This is BS. It's like a 1099 is the new way to CYA and rat out everyone else. What good does that do PayPal? Their fees are their income. A seller's PP activity is not necessarily income and it adds more compliance burden BS on them.