Does paypal / Ebay report money you make to IRS?

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  • george graves
    I waste 90% of my day here and all I got was this stupid title
    • Oct 2003
    • 19986

    #1

    Does paypal / Ebay report money you make to IRS?

    Just sold $2000 worth of equipment for my boss on ebay (were splitting the profits 50/50)

    It was sold under a his account. He want to know if it gets reported as income to the IRS?

    Anyone know?
    Originally posted by Matt-B
    hey does anyone know anyone who gets upset and makes electronics?
  • nitro325is
    E30 Addict
    • Oct 2003
    • 495

    #2
    I hope not.I made about $18000 last year off ebay and about 12 so far this year.

    Comment

    • royalflush313
      R3VLimited
      • Mar 2004
      • 2070

      #3
      Originally posted by nitro325is
      I hope not.I made about $18000 last year off ebay and about 12 so far this year.
      wow.. Teach us how you do that :shock:
      ~ Go Canucks Go! ~

      Comment

      • M-technik-3
        I waste 90% of my day here and all I got was this stupid title
        • Oct 2003
        • 18946

        #4
        Originally posted by nitro325is
        I hope not.I made about $18000 last year off ebay and about 12 so far this year.
        becareful as the IRS does watch sites like that. This is why I don't sell on Ebay.
        https://www.facebook.com/BentOverRacing

        Comment

        • Jordan
          R3V OG
          • Oct 2003
          • 12907

          #5
          Fuck the IRS. I highly doubt they access everyones paypal records come tax season. You may however have to provide them if you get audited.

          I'll take my chances.
          Tenured Automotive Service Professional - Avid BMW Enthusiast

          Vapor Honing & E30 ABS Pump Refurbishment Service
          https://mtechniqueabs.com/

          Comment

          • Jand3rson
            Banned
            • Oct 2003
            • 37587

            #6
            Originally posted by Jordan
            Fuck the IRS.
            I like that.

            I used to have a bumper sticker that said "It's my money, not theIRS"

            Comment

            • Brew
              No R3VLimiter
              • Oct 2003
              • 3060

              #7
              Originally posted by Eurospeed88
              Originally posted by Jordan
              Fuck the IRS.
              I like that.

              I used to have a bumper sticker that said "It's my money, not theIRS"
              Well if you think that way, go live somewhere without roads, police, public schools and government. ;)

              Seriously though, paying taxes sucks, but its part of living in America.
              '91 318is
              sigpic

              Comment

              • royalflush313
                R3VLimited
                • Mar 2004
                • 2070

                #8
                I.. what?

                - Canada.
                ~ Go Canucks Go! ~

                Comment

                • Jordan
                  R3V OG
                  • Oct 2003
                  • 12907

                  #9
                  Originally posted by Brew
                  Well if you think that way, go live somewhere without roads, police, public schools and government.
                  I'd be happy to live in a country that doesnt spend 5 trillion of tax payer money a year on bulshit senseless wars.
                  Tenured Automotive Service Professional - Avid BMW Enthusiast

                  Vapor Honing & E30 ABS Pump Refurbishment Service
                  https://mtechniqueabs.com/

                  Comment

                  • Rob
                    Moderator
                    • Oct 2003
                    • 8166

                    #10
                    then move?
                    BEERTECH

                    Comment

                    • Schneider325
                      No R3VLimiter
                      • May 2004
                      • 3818

                      #11
                      Originally posted by Rob
                      then move?

                      Comment

                      • Jordan
                        R3V OG
                        • Oct 2003
                        • 12907

                        #12
                        Originally posted by Rob
                        then move?
                        Why? Because the American government can't mind its own fucking business and leave other people/countries to their own devices?
                        Tenured Automotive Service Professional - Avid BMW Enthusiast

                        Vapor Honing & E30 ABS Pump Refurbishment Service
                        https://mtechniqueabs.com/

                        Comment

                        • Rob
                          Moderator
                          • Oct 2003
                          • 8166

                          #13
                          I find that amusingly ironic


                          now about that IRS?
                          BEERTECH

                          Comment

                          • E30godz
                            E30 Mastermind
                            • Oct 2003
                            • 1524

                            #14
                            Originally posted by Jordan
                            Originally posted by Rob
                            then move?
                            Why? Because the American government can't mind its own fucking business and leave other people/countries to their own devices?

                            "I'd be happy to live in a country that doesnt spend 5 trillion of tax payer money a year on bulshit senseless wars."


                            hrm....

                            didnt you answer your own question?


                            Ian-
                            whos initials are IRS.

                            Comment

                            • Jordan
                              R3V OG
                              • Oct 2003
                              • 12907

                              #15
                              Maybe I should move to Canada.
                              Tenured Automotive Service Professional - Avid BMW Enthusiast

                              Vapor Honing & E30 ABS Pump Refurbishment Service
                              https://mtechniqueabs.com/

                              Comment

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