OT: IRS Paypal Tax Situation - Net54baseball.com Forums

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10-17-2016, 04:55 PM

Exhibitman Exhibitman is offline

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Paypal is treated like a bank, Dave. They collect and disburse funds, so they are deemed to be knowledgeable about where the money goes. eBay doesn't have that same role now that it spun off PayPal. When PayPal was a subsidiary of eBay, of course, it was in effect eBay that was issuing the 1099.

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