ebay managed payments - anyone using this future mandatory service yet?

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#14

07-13-2020, 06:06 AM

highgradelegends highgradelegends is offline

A.lex R@nthu.m

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Join Date: Aug 2017

Posts: 35

Quote:

Originally Posted by earlywynnfan

Are you sure about this? Doesn't ebay count transactions and payments even though they go through paypal? If I rack up 19K via paypal, then 19K the new way, I'd imagine I'd get a 1099 from ebay for 38K. Another headache for my accountant!

Ebay and paypal do not coordinate or aggregate tax information. They are independent. PayPal is a fo financial institution. Ebay is not....well...until they have managed payments up and running. Bottom line: the temporary advantage stated here is correct.

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