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PayPal and the IRS
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Professional Poster
Join Date: Apr 2002
Location: Smallish town in Ohio
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Do I have to report my PayPal earnings to the IRS come tax day?
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Administrator
Join Date: Apr 2001
Location: San Antonio TX USA
Status:
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Do they send you a W2 or other documentation for those earnings? Are your earnings substantial enough to be a significant portion of your income? I'd start with answering those two questions.
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Glenn -----OTR/L, MOT, Tx
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Junior Member
Join Date: Aug 2005
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Professional Poster
Join Date: Apr 2002
Location: Smallish town in Ohio
Status:
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Why does the government have to tax every single f***** thing known to man?
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Moderator Emeritus
Join Date: Dec 2000
Location: College Park, MD
Status:
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The tax is an income tax. Dividends are income. Thus, it is taxed.
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Banned
Join Date: Jun 2005
Location: Indy.
Status:
Offline
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Originally Posted by macintologist
Why does the government have to tax every single f***** thing known to man?
Thank the liberals.
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Clinically Insane
Join Date: Oct 2001
Location: San Diego, CA, USA
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Yeah, because the completely Republican government we've had for a long time now has been so aggressive about repealing all those taxes they don't want.
Face it: Politicians want your money. Doesn't matter if they're liberal or conservative.
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Chuck
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"Instead of either 'multi-talented' or 'multitalented' use 'bisexual'."
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Banned
Join Date: Jun 2005
Location: Indy.
Status:
Offline
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I pay a lot less in taxes with the current Republican administration than I did with the previous Liberal administration. And I make more money than before.
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Professional Poster
Join Date: Apr 2002
Location: Smallish town in Ohio
Status:
Offline
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Originally Posted by Railroader
I pay a lot less in taxes with the current Republican administration than I did with the previous Liberal administration. And I make more money than before.
Republicans are big spenders and love big government. Get over it. American "properity" is built on debt and it's bullshit. We need to eliminate the deficit and pay down the national debt.
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Banned
Join Date: Oct 2004
Location: Six feet under and diggin' it.
Status:
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Originally Posted by Railroader
I pay a lot less in taxes with the current Republican administration than I did with the previous Liberal administration. And I make more money than before.
That's why the government has to borrow from China to run the fekkin country cuz you don't pay your share.
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Banned
Join Date: Jun 2005
Location: Indy.
Status:
Offline
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Originally Posted by macintologist
Republicans are big spenders and love big government. Get over it. American "properity" is built on debt and it's bullshit. We need to eliminate the deficit and pay down the national debt.
Do you mean "prosperity"?
We need to eliminate spendng. That will reduce the deficit.
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Banned
Join Date: Jun 2005
Location: Indy.
Status:
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Originally Posted by Rolling Bones
That's why the government has to borrow from China to run the fekkin country cuz you don't pay your share.
Why spend your own money when other's are willing to give you theirs?
Maybe we should just eliminate all of our foreign aid and then we won't have to borrow from China?
Would you still try to avoid the profanity filters then too?
And I assure you, I pay my fair share of taxes. I probably pay more in taxes than you make each year.
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Senior User
Join Date: Jul 2002
Location: Arizona Wasteland
Status:
Offline
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BACK ON TOPIC-ish
If you don't want to pay taxes on interest earnings from PayPal. Transfer your money to one of many tax-free interest baring investments, you may actually earn a higher rate of return.
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Baninated
Join Date: Apr 2005
Location: An asteroid remanent of Tatooine.
Status:
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Originally Posted by macintologist
Why does the government have to tax every single f***** thing known to man?
Copy the rich. They hide everything!!!!!!!!!!!!!!!!!!!!!111theyownz
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Professional Poster
Join Date: Jun 2005
Location: Yamanashi, Japan
Status:
Offline
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Originally Posted by Railroader
Why spend your own money when other's are willing to give you theirs?
Maybe we should just eliminate all of our foreign aid and then we won't have to borrow from China?
Would you still try to avoid the profanity filters then too?
And I assure you, I pay my fair share of taxes. I probably pay more in taxes than you make each year.
Can we all just play nice?
Plus US aid to other countries is one half of one percent of our total budget. Now look at our military budget, or the iraq war, or our wonderful nuke shield, or just the pure PORK we spend on pet projects for individual states.
Now back to topic.
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Addicted to MacNN
Join Date: Mar 2001
Location: USA
Status:
Offline
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What's the dollar amount your wondering about?
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Professional Poster
Join Date: Oct 2000
Location: Toronto, ON
Status:
Offline
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Originally Posted by Railroader
I pay a lot less in taxes with the current Republican administration than I did with the previous Liberal administration. And I make more money than before.
Since when does the Liberal party have status in the US? Republicans ran Congress under Clinton.
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The Lord said 'Peter, I can see your house from here.'
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Banned
Join Date: Jun 2005
Location: Indy.
Status:
Offline
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Originally Posted by JoshuaZ
Can we all just play nice?
Plus US aid to other countries is one half of one percent of our total budget. Now look at our military budget, or the iraq war, or our wonderful nuke shield, or just the pure PORK we spend on pet projects for individual states.
Now back to topic.
Do a search of Rolling Bone's posts. You'll see he stalks me and baits me a LOT!
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Professional Poster
Join Date: Jun 2005
Location: Yamanashi, Japan
Status:
Offline
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Oh, I know. I just want the two of you to play nice, or you'll have to go sit in the corner for a while.
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Banned
Join Date: Oct 2004
Location: Six feet under and diggin' it.
Status:
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Originally Posted by Railroader
Do a search of Rolling Bone's posts. You'll see he stalks me and baits me a LOT!
Just go away and leave me alone. Gawd you're an obnoxious person.
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Baninated
Join Date: Jan 2006
Status:
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Originally Posted by Rolling Bones
Just go away and leave me alone. Gawd you're an obnoxious person.
AHaHHaHhahhahAha. Did he really say that? What a ****ing hypocrite.
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Banned
Join Date: Jun 2005
Location: Indy.
Status:
Offline
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Originally Posted by Rolling Bones
Just go away and leave me alone. Gawd you're an obnoxious person.
Another unpleasant and abrasive post brought to you by tRolling Bones.
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Banned
Join Date: Jun 2005
Location: Indy.
Status:
Offline
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Originally Posted by leehotti
AHaHHaHhahhahAha. Did he really say that? What a ****ing hypocrite.
Honestly Rob, I thought he was you when he first started posting under this nick.
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