PayPal

[Blade1941]

I had like 20$ in my paypal, and when I sent them to another credit account I lost half of them in taxes lol

When you have a free account, why do paypal take so much taxes??

 

[Muneeb2Good]

Thats the shocking news for me

well i also have a Free account with them

never seen such things before

 

[GamePhreak]

I had like 20$ in my paypal, and when I sent them to another credit account I lost half of them in taxes lol

When you have a free account, why do paypal take so much taxes??

Fees, not taxes. There's a huge difference. They take out fees because they make money that way. If they took out taxes, it would be for the government's benefit, not theirs. Luckily for me, the United States does not tax the Internet.

 

[Mark]

Fees, not taxes. There's a huge difference. They take out fees because they make money that way. If they took out taxes, it would be for the government's benefit, not theirs. Luckily for me, the United States does not tax the Internet.

Excuse me ??? - And you heard this where ?

I'll be sure to point that out to my CPA this year ....

 

[Blade1941]

Ops I mean fee's of course

 

[blindguardian]

I hope you guys know that you are going to have to pay taxes for your income on PayPal. Also, PPCalc is a great site to figure out how much you will be fee'd.

 

[GamePhreak]

Excuse me ??? - And you heard this where ?

I'll be sure to point that out to my CPA this year ....

I meant sales tax... Obviously, you need to pay income.

 

[Blade1941]

I meant sales tax... Obviously, you need to pay income.

See you also make mistakes :P