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Topic: Paypal or check?  (Read 9574 times)

cateyes1

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Paypal or check?
« on: December 23, 2018, 11:01:20 am »
How to you get your money? I don't want a 1099 so how do I prevent that?

countrygirl12

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Re: Paypal or check?
« Reply #1 on: December 23, 2018, 11:08:47 am »
How to you get your money? I don't want a 1099 so how do I prevent that?

You don't. If you make over $600 you will get a 1099 and there is nothing you can do about it. It doesn't matter how you are paid. No matter the form you are still being paid.  If you do not want to pay taxes then make sure you earn under $600.

ktheodos

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Re: Paypal or check?
« Reply #2 on: December 23, 2018, 12:01:40 pm »
PayPal is the easiest for me....

NRAJOE

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Re: Paypal or check?
« Reply #3 on: December 23, 2018, 12:42:44 pm »
I do Paypal on here but there are two sites that only pay by check that I use (unless you want to sign up with some off the wall pay place or direct deposit which I refuse to do...way to much info that I want to give to a survey site)

It doesn't matter how you get paid...go over $600 you get 1099'd.... :bad:

judylucas

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Re: Paypal or check?
« Reply #4 on: December 23, 2018, 03:31:45 pm »
I use PayPal

dwggs

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Re: Paypal or check?
« Reply #5 on: December 24, 2018, 04:28:01 am »
I use paypal which works out well cuz some of the sites I shop at will take paypal when you go to check out.  Also if I need to transfer money into my bank account from paypal it only takes a few business days.
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gaylasue

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Re: Paypal or check?
« Reply #6 on: December 24, 2018, 05:34:05 am »
I like the direct deposit.  It doesn't matter how you get your money, a 1099 is issued for all amounts over $600.
Have a wonderful day!

bshee58

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Re: Paypal or check?
« Reply #7 on: December 24, 2018, 06:05:53 am »
I don't make enough to use a tax form.

sdenimandlace1

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Re: Paypal or check?
« Reply #8 on: December 24, 2018, 06:50:01 am »
I do a check, no way not to get the tax form.

adriarobi

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Re: Paypal or check?
« Reply #9 on: December 24, 2018, 07:08:04 am »
I do PP.

It transfers quickly to Pay Pal, then transfers quickly to your bank account.

Easy Peasy.

 :rose:

countrygirl12

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Re: Paypal or check?
« Reply #10 on: December 24, 2018, 01:01:33 pm »
I do a check, no way not to get the tax form.

If you make less than $600 you will not get a 1099. It does not matter HOW you are paid.  They only send a 1099 if you make over $600 and with the cash out that will put you over they will request the info for the 1099 and hold your funds until you provide it.  As long as you stay under the 1099 they will not send you a "tax form" as you are calling it.  It doesn't matter HOW you are paid they know how much money goes to each person.  And if the IRS audits FC they will see exactly WHO ALL got HOW MUCH.

vickysue

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Re: Paypal or check?
« Reply #11 on: December 24, 2018, 02:14:06 pm »
I use PayPal.  Mice to have it there if I need it, which I don't  very often. Sometimes I will transfer  some to my bank account , although  what I have transferred I keep it to the back and  only use it if I have to, So far I haven't had to use it. But nice to know I have more in the bank then what shows. Another reason is if someone is looking over  my shoulder when I am writing a check the amount they  see is not the true amount. Keeps some people  honest maybe.

freedomjarhead2512

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Re: Paypal or check?
« Reply #12 on: December 24, 2018, 03:47:55 pm »
Don't you get tax write-offs if you run a business?  IF so, wouldn't that cancel it out.  Not sure on this anyone?

timvolley

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Re: Paypal or check?
« Reply #13 on: December 24, 2018, 09:43:20 pm »
paypal is much quicker than a xhedck

surveygrabber

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Re: Paypal or check?
« Reply #14 on: December 25, 2018, 03:01:42 am »
I use paypal to get paid. It's the easiest and fastest way for me.

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