I just got an email from them, asking for my tax i.d.
I'm wondering - what if you sold off $30K worth of stuff you've had for years (maybe your comic books from childhood, junk, etc.). If you are going to reference this Paypal 1099 in your tax return, how do you offset that $30K that's not legitimately part of any business? Or do you just have to pay full taxes on it?
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