Paypal Changes for 2022


If I understand this correctly, Paypal, along with all on-line payment sources like Venmo, etc. will now be sending out 1099 forms for all payments totaling $600 you receive in 2022 for goods or services.  The only way around this is to use Paypal friends and family for payment which eliminates any buyer protections.  Is everyone aware of this?

 

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Showing 5 responses by secretguy

czarivey

4,694 posts

RUN away from democrap owned territories! It's safer and the best solution for savings!

Another Mensa candidate.

jl1ny

157 posts

@secretguy @jond 

Ok Mr. Do Right, give me a friggin’ break…paying taxes is one thing, this nonsense is a blatant overreach by the govt. I get destroyed in taxes, I’d like to know what snow globe you two are living in. 

 

I live in a strange thing called society. You should try it sometime..