Quote:
Originally Posted by robt57
For me/IMO the point is thrusting the responsibility and work [or paying accountant to itemize] for the ridiculous low threshold of 600.00. 6000.00 I could understand to move the line outside a reasonable personal item value arena, just IMO.
Having to substantiate tax revenue on personal items I paid for with post income tax revenue is the bridge too far. I understand what you need to do, first business started @ 23 years old. I've been an employee after that far less than I was prior to that since, retired now.
Yada...
I am out, they lost a 25 year paypal accnt. I am sure they care not.
I will say it surprised me it was plug and play one click operation. I fully expected the shell game for the task..
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This is an IRS reporting requirement. It seems like you are blaming Paypal. Call your congress person if you want to be angry at someone.