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#1
10-17-2016, 01:35 PM
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OT: IRS Paypal Tax Situation
I know this has been discussed before, but couldn't find it in search.....
Just got a lovely  letter from the IRS saying I owe 9K+ in unpaid taxes from 2014  As stated in document, it is from my paypal "income" of 22K+. Of course that's "Gross" --- hardly close to net income. Heck, I just break even most of the time ....... I'll go to a tax guy to be this all documented and sent in properly. But just to get a jump on things, want to get what might I need. I can only think (not that I'm thinking right right now) of two items: 1 - Invoices from auction houses for 2014 (of which I have a big one from REA). 2 - Bank statements showing ebay fees for the year. Any other thoughts, suggestions, experiences would greatly be appreciated. Not fun, Scott 
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