Fish Posted January 10, 2022 Share Posted January 10, 2022 According to reports. Paypal , Venmo and the like will now report to the Eye RS any transfer over $600 in a year. And keep record of your income through them. So keep good records of those old records or radios or whatever you sell cause your BIG OLD Brother is watching and may want an explanation.....Just to be clear 200 + 200+ 200 or more will be reported. 2 1 Quote Link to comment Share on other sites More sharing options...
MEH Synergy Posted January 10, 2022 Share Posted January 10, 2022 They are obnoxious and far over reaching here. That's ridiculous. 3 Quote Link to comment Share on other sites More sharing options...
oldtimer Posted January 10, 2022 Share Posted January 10, 2022 Another friendly reminder. Your teeth depend upon your gum's health. Learn how to floss effectively, use a stimulator to run along the gum line, and then a sulca brush for both inside and outside gumline brushing. Then finish by brushing your teeth. Before bed is a good time for this. You're welcome. 1 Quote Link to comment Share on other sites More sharing options...
MEH Synergy Posted January 10, 2022 Share Posted January 10, 2022 Uhhhh OK... 1 Quote Link to comment Share on other sites More sharing options...
oldtimer Posted January 10, 2022 Share Posted January 10, 2022 1 minute ago, Westcoastdrums said: Uhhhh OK... Well, one involves no new law change, simply a reporting change. The other involves valuable information for your health. In your line of work, I'm sure you have smelled old people breath from across the room due to poor oral hygiene. Join them if you wish. 2 Quote Link to comment Share on other sites More sharing options...
MEH Synergy Posted January 10, 2022 Share Posted January 10, 2022 3 minutes ago, oldtimer said: I'm sure you have smelled old people breath from across the room Neuro breath is one of the worst scents imaginable, surely, regardless of oral hygiene. Quote Link to comment Share on other sites More sharing options...
OO1 Posted January 10, 2022 Share Posted January 10, 2022 11 minutes ago, oldtimer said: Another friendly reminder. Your teeth depend upon your gum's health. Learn how to floss effectively, use a stimulator to run along the gum line, and then a sulca brush for both inside and outside gumline brushing. Then finish by brushing your teeth. Before bed is a good time for this. You're welcome. you're a Dentist ? Quote Link to comment Share on other sites More sharing options...
oldtimer Posted January 10, 2022 Share Posted January 10, 2022 For you? Tempting... 1 5 Quote Link to comment Share on other sites More sharing options...
oldtimer Posted January 10, 2022 Share Posted January 10, 2022 2 minutes ago, RandyH said: you're a Dentist ? But really the answer is "No Maam, I'm a musician." 1 1 Quote Link to comment Share on other sites More sharing options...
OO1 Posted January 11, 2022 Share Posted January 11, 2022 1 Quote Link to comment Share on other sites More sharing options...
billybob Posted January 11, 2022 Share Posted January 11, 2022 Nice accoutrements. 1 Quote Link to comment Share on other sites More sharing options...
MEH Synergy Posted January 11, 2022 Share Posted January 11, 2022 @Fish thanks for this thread. Excuse the off into the deep end discussion. Quote Link to comment Share on other sites More sharing options...
Subway Posted January 11, 2022 Share Posted January 11, 2022 Mrs. Tarantino 1 Quote Link to comment Share on other sites More sharing options...
Moderators Travis In Austin Posted January 11, 2022 Moderators Share Posted January 11, 2022 9 hours ago, Fish said: According to reports. Paypal , Venmo and the like will now report to the Eye RS any transfer over $600 in a year. And keep record of your income through them. So keep good records of those old records or radios or whatever you sell cause your BIG OLD Brother is watching and may want an explanation.....Just to be clear 200 + 200+ 200 or more will be reported. https://www.cnet.com/personal-finance/taxes/fact-or-fiction-the-irs-is-tracking-payments-over-600-on-paypal-and-venmo-in-2022/ Paypal did a press release on this a little bit ago. 1 Quote Link to comment Share on other sites More sharing options...
Fish Posted January 11, 2022 Author Share Posted January 11, 2022 14 hours ago, Westcoastdrums said: @Fish thanks for this thread. Excuse the off into the deep end discussion. No problem, I don't see it so it's all good. Quote Link to comment Share on other sites More sharing options...
OO1 Posted January 11, 2022 Share Posted January 11, 2022 20 hours ago, Fish said: According to reports. Paypal , Venmo and the like will now report to the Eye RS any transfer over $600 in a year. And keep record of your income through them. So keep good records of those old records or radios or whatever you sell cause your BIG OLD Brother is watching and may want an explanation.....Just to be clear 200 + 200+ 200 or more will be reported. the 600$ applies per person or per household ? Quote Link to comment Share on other sites More sharing options...
oldtimer Posted January 11, 2022 Share Posted January 11, 2022 Per taxpayer ID. Each will receive a 1099-K. Quote Link to comment Share on other sites More sharing options...
Jeff Matthews Posted January 11, 2022 Share Posted January 11, 2022 Keep good records and pay your taxes. Trying to cheat the tax man simply isn't worth it. 1 Quote Link to comment Share on other sites More sharing options...
314carpenter Posted January 12, 2022 Share Posted January 12, 2022 Everyone using PayPal will eventually experience the necessary pricing adjustments to offset those new taxes. I have already raised my prices on online transactions requiring PayPal payments incoming to my account. I can't absorb these additional taxes myself, so I have already passed them on. I just blame it on the massive inflation we have all experienced recently. New normal. Quote Link to comment Share on other sites More sharing options...
314carpenter Posted January 12, 2022 Share Posted January 12, 2022 This will not be the last new online tax reporting rule we will see changed. This one has been a long time coming. Your Uncle Sam is very hungry right now, and he's already missed breakfast and lunch. One day you'll come home to find he has opened all of your cupboard doors. Nothing you can do either, now or later, to change that. New normal. Quote Link to comment Share on other sites More sharing options...
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