I report $103 with a $3 expense. If this is your only Paypal sale it probably doesn't matter since it won't be reported to the IRS so all they have to go on is what you tell them. If you do get a 1099-K from Paypal I'd make sure you file your taxes to match the income reported by Paypal and add a payment processing fee expense if necessary.
Statistics: Posted by terran — Tue Apr 30, 2024 6:22 am — Replies 1 — Views 59