The 1947 - Present Chevrolet & GMC Truck Message Board Network - View Single Post - PAYPAL IRS Requires Taxpayer ID for Sales over $600

**w314speed** · 10-18-2021, 10:18 PM

Came home from work to find a PAYPAL message that the IRS requires PAYPAL to report all sales over $600. They are asking that I register a Tax ID, so that a 1099 can be sent? The impact that this will have on the boards classified sales is to be determined! Many of us are not professional parts vendors.

I will have to take the parts that I bought over many years to Charlotte Auto Fair and Moultrie Auto Fair! I have bought most of my parts through 40 years of
working as a taxpayer for the enjoyment of working on projects!

10-18-2021, 10:18 PM	#1
w314speed Senior Member Join Date: Jun 2005 Location: atlanta Posts: 2,312	PAYPAL IRS Requires Taxpayer ID for Sales over $600 Came home from work to find a PAYPAL message that the IRS requires PAYPAL to report all sales over $600. They are asking that I register a Tax ID, so that a 1099 can be sent? The impact that this will have on the boards classified sales is to be determined! Many of us are not professional parts vendors. I will have to take the parts that I bought over many years to Charlotte Auto Fair and Moultrie Auto Fair! I have bought most of my parts through 40 years of working as a taxpayer for the enjoyment of working on projects!