View Single Post
Old 11-14-2010, 10:28 AM
  #6  
marymc
Senior Member
 
marymc's Avatar
 
Join Date: May 2010
Location: A lake in Minnesota
Posts: 491
Default

Remember that the guidelines are only requirements for Paypal to follow. IRS requires ALL income to be reported by a seller whether a 1099 is issued or not. Also there are different rules for business and hobbies. It's always best to use a trusted professional.
marymc is offline