(Topic ID: 82188)

POLL: is it safe for SELLERS to accept PayPal GIFT

By Amarillopinball

10 years ago


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Topic Stats

  • 100 posts
  • 35 Pinsiders participating
  • Latest reply 10 years ago by RobT
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    Topic poll

    “is it safe for sellers to accept PayPal in gift”

    • yes 75 votes
      59%
    • no 52 votes
      41%

    (127 votes by 0 Pinsiders)

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    #39 10 years ago
    Quoted from spfxted:

    Yeah. When I far surpassed the limit I asked what I could do. Could I open another account under my wife's name? Yup! Then you can do double with no report. When I submitted everything to my accountant last year for taxes, he said to claim SOMETHING and not take the chance.

    Got to tell you my Friend in South Carolina did the SAME thing with his Wife...BUT they got "caught" and Paypal linked both accounts together and he Got Royally screwed come tax time. Just letting ya know.

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