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Old 09-11-2014, 09:31 AM
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Runscott Runscott is offline
Belltown Vintage
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Join Date: May 2009
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I would just always keep in mind that the IRS has the Paypal information to use if they decide to audit you. Then you might have to explain how the Paypal income matches up against the income you reported.

I'm curious if anyone has had to explain Paypal information to the IRS during an audit. Especially curious about how they view the 'Paypal gift' thing, which is why I avoid it completely.
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