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  1. #1
    GuerillaDave is offline Junior Member
    Join Date
    Apr 2010
    Posts
    2

    1099k FORMS FOR ONLINE COMMERCE IN 2011. IS ANYONE ELSE BAFFLED BY HOW IT WILL WORK?

    Meaning... that alot of people doing over 20k in volume via paypal will have to get taxes yanked. Any ideas guys ?

  2. #2
    guidemesingapore is offline Senior Member
    Join Date
    Feb 2010
    Posts
    175
    I haven't heard of this yet but can you give some more information on the new tax? It seems a lot of countries have started to keep a close eye on paypal earnings and forming new tax laws.

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