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

KW5413 · 10-20-2021, 11:04 AM

Looks Biden is backing off the $ 600.00 figure and moving to $ 10,000.I believe as an annual threshold. $ 10,000 transactions have been reportable for years. None of these include payroll deposits.

10-20-2021, 11:04 AM	#20
KW5413 Registered User Join Date: Jul 2021 Location: Rowlett, TX Posts: 494	Re: PAYPAL IRS Requires Taxpayer ID for Sales over $600 Looks Biden is backing off the $ 600.00 figure and moving to $ 10,000.I believe as an annual threshold. $ 10,000 transactions have been reportable for years. None of these include payroll deposits.