Paypal Changes for 2022


If I understand this correctly, Paypal, along with all on-line payment sources like Venmo, etc. will now be sending out 1099 forms for all payments totaling $600 you receive in 2022 for goods or services.  The only way around this is to use Paypal friends and family for payment which eliminates any buyer protections.  Is everyone aware of this?

 

Ag insider logo xs@2xdave43

And of course this thread devolves into partisan political tripe. 
 

 

@dadork 

If you choose to have a kid, great! I don't want to pay for that choice.

I agree with you. That’s why new laws like those in Texas are head scratchers.

 

Alot of people gripe about their high taxes, alot of other people chuckle at what those others think are high taxes.

 

jl1ny

157 posts

@secretguy @jond 

Ok Mr. Do Right, give me a friggin’ break…paying taxes is one thing, this nonsense is a blatant overreach by the govt. I get destroyed in taxes, I’d like to know what snow globe you two are living in. 

 

I live in a strange thing called society. You should try it sometime..

One, two, three, four
One, two (one, two, three, four)

Let me tell you how it will be
There’s one for you, nineteen for me
’Cause I’m the taxman
Yeah, I’m the taxman

Should five percent appear too small
Be thankful I don’t take it all
’Cause I’m the taxman
Yeah, I’m the taxman

I’ll tax the street
(If you try to sit, sit) I’ll tax your seat
(If you get too cold, cold) I’ll tax the heat
(If you take a walk, walk) I’ll tax your feet
(Taxman)

’Cause I’m the taxman
Yeah, I’m the taxman

Don’t ask me what I want it for
(Ah, ah, Mr. Wilson)
If you don’t want to pay some more
(Ah, ah, Mr. Heath)
’Cause I’m the taxman
Yeah, I’m the taxman

Now my advice for those who die (taxman)
Declare the pennies on your eyes (taxman)
’Cause I’m the taxman
Yeah, I’m the taxman
And you’re working for no one but me (taxman)

 

Songwriter: George Harrison