Originally Posted by rarefish
Originally Posted by 6PAX
Since I originally posted this topic, I have received the email from Paypal I mentioned 4 or 5 times, most recently a couple of days ago. When this takes effect in a few days I am done with Paypal. I don't really care if I am paid by a money order, etc. for parts I sell but I will miss using Paypal to pay for things I am purchasing.


I'm thinking that for those in the know about the new lower IRS reporting threshold that can trigger a 1099-K at the end of the next year will probably stop taking PayPal payments. Accepting only money orders will be the new norm.


Will PayPal Friends and Family be considered taxable income? They're really 'gifts'....