If they send as a friend plus it not really a significant amount like 50+
Technically you don’t have to file a tax return if you are making less than $12,200 a year. So if it’s a couple of $50 payments here or there your income is probably insignificant unless you have another job. That said legally PayPal will report your earnings. Internal Revenue Code (IRC) Section 6050W states that all US payment processors, including PayPal, are required by the Internal Revenue Service (IRS) to provide information to the IRS about certain customers who receive payments for the sale of goods or services through PayPal. PayPal is required to report gross payments received for sellers who receive over $20,000 in gross payment volume AND over 200 separate payments in a calendar year.
I won't cross 20k
Well I’m not the one you have to explain your earnings to… Just remember they got Al Capone on tax evasion and that was before every transaction was recorded digitally. The IRS always comes for their money.
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