Quote:
Originally Posted by jtschantz
I know this is off topic, but if you use paypal (which I am sure most on here do), you better read this now or possibly be very sorry you didn't come tax time in 2012. https://cms.paypal.com/us/cgi-bin/ma...ng_us/IRS6050W
Anyone have any thoughts? Excuse me if this has already been covered on this board. |
Understand, that this doesn't change anyone's requirements at all. The need to report sales income stays exactly the same. The only difference is that now, someone may check up on you.