With Paypal going after ptrs and ptcs is that making you feel like you were
By suspenseful
@suspenseful (40192)
Canada
February 1, 2008 3:58pm CST
doing something illegal by making money on the net belongng to ptrs and ptcs and does that also give you the feeling that people who work at home, housewives, disabled persons and pensioners who make a living on the net are assumed as doing illegal activities unless they actually have a business where they sell actual physical stuff?
5 people like this
6 responses
@byfaithonly (10698)
• United States
1 Feb 08
I don't feel that way at all - actually I don't really think that PayPal is 'going after' these sites I just think they are doing their best to make sure honest people get their money. I am sure as in all cases there are some errors made and sites that are legitamate have their accounts froze but for the most part I think they are doing a good job. I know if a site doesn't accept paypal or pay by check I don't bother with them - in most every case I've been correct, the sites ended up closing before anyone got their money.
@suspenseful (40192)
• Canada
2 Feb 08
It is that I wonder if the sites that still pay by paypal or check will be swept out with getting rid of the bad ones.
2 people like this
@byfaithonly (10698)
• United States
4 Feb 08
AlertPay is the one I signed with - could you tell me what you don't like about them. I haven't had any transactions through them yet so am on pins and needles waiting to see how it works. Another friend here said they love it and have had no problems but that's just one person.
3 people like this
@byfaithonly (10698)
• United States
4 Feb 08
I've heard others talk about Moneybookers and have it on my list to check into but haven't signed with them yet - I just prefer sticking with PayPal or like ClixSense just send me a check.
3 people like this
@stephcjh (38473)
• United States
4 Feb 08
Yes. It does make me feel like that because of the tax thing. I was always told that if we didn't earn $600 or more from just one site, we didn't have to wrry about it because there is no 1099 to file on, but here recently, I have been told that we are supposed to claim all earnings regardless of what we made. I am confused and will ask my tax preparer this year again about it.
1 person likes this
@suspenseful (40192)
• Canada
4 Feb 08
I tried to find out what the Canadian law is about online earnings, but got no information. All I know is that as soon as you make over a certain amount, you have to pay taxes on that. It would be hard to figure it ou and since I used my earnings to buy this computer and a printer, I do not know if that will count and I have to go to Paypal to get a print out. If it is okay not to declare it, then I will not.
1 person likes this
@stephcjh (38473)
• United States
4 Feb 08
I know what you mean. I won't claim mine either if I don't have to. We pay enough in taxes as it is and barely get by alot of times. I have always heard that you have to earn $600 or more from one plce to have to file taxes on it so I won't worry about it either. I earned fairly good money last year online but never earned $600 or more just from one site. It looks like we would have to have some kind of tax paperwork to have to file on it. I would claim it if it helped us but I don't see that happening.
1 person likes this
@stephcjh (38473)
• United States
4 Feb 08
Here in the U.S. we are to claim all earnings also from what I hear now even if it is online earnings. I don't see how we could file something when there is no real proff of our earnings total. I think if we have to claim these earnings, we would probably break even because of our ink, paper, desks, chairs, printer use and more. I am not going to worry about it until the government enforces it or I have to mess with a 1099 to file taxes. They have no proof of earnings online for us.
1 person likes this
@Lakota12 (42600)
• United States
2 Feb 08
I am not sure about this I havent still heard aword from that that I am not going to get my pay through them.guess I need to go in and check it all out at paypal.
and thats ashame most businesses would like you to do home work for that cuts their over head costs.
1 person likes this
@suspenseful (40192)
• Canada
3 Feb 08
I guess it is okay if you are working for a regular company, but when you become independant, that is what they do not like.
@suspenseful (40192)
• Canada
2 Feb 08
I think it is the people are allowed to make money if they can afford to buy a whole bunch or stuff and sell it or if they own their own business and they are important. That is the way I see it. I think that is what happened to the assemble at home programs, the big businesses did not like the idea that small people were making things at home and selling them, so they said they were illegal.
@reinydawn (11642)
• United States
4 Feb 08
Hey suspenseful, I know there is a lot of misconception about this all over the place - always has been, always will be (that's why my job is pretty much guaranteed!). I'm a CPA and I know the rules in the US about taxes. ANY money you make should be included in your Taxable Income. When you fill out a survey on line and they pay you $5 for it, yeah, it's to be included in your taxable income. That $600 thing is SOOOO misunderstood. Let's say you have 10 different places that you make $590 at. That's %5,900 worth of income that you are not including in your taxable income - and should be. If you do not include this income in your tax return, you are filing a fraudulent return. And guess what, if the IRS suspects you filed a fraudulent return, that normal 7 years back thing is out the window too - they can go back to the beginning of time to collect on what they suspect to be a fraudulent return. Definitely check with your tax preparer. And if they're worth their salt (which means your return will hold up in an audit) you'll get good info on how to offset some of that income with legit expenses.
1 person likes this
@reinydawn (11642)
• United States
4 Feb 08
I'm not totally positive about Canadian taxes, but since you are married and filing a joint return, if your husband is already over the minimum filing requirement, anything you make is too... You shouldn't consider your incomes separately to see if you qualify for the minimum if you are filing jointly. Jointly is all combined income, then see if it's below/above the limit. I'm not sure if I'm making any sense, but basically, all your income is also taxable and you should be recording it. Once you sign your return, you are stating that everything has been included. You don't really want to file separately because normally you'd pay more tax.
It's really something that the governments are realizing we are all going to have to face sooner or later.
1 person likes this
@reinydawn (11642)
• United States
6 Feb 08
You might have to pay more tax - it's more income. BUT, it's going to be self-employment income and I'm sure you've got some expenses along with it. Let's see, there's no way you could do any of the on-line sites without #1 a computer and #2 an internet connection. There's 2 hefty expenses right there. They will decrease your gross income (the total you've earned) and therefore decrease your tax.
1 person likes this
@suspenseful (40192)
• Canada
4 Feb 08
He thinks by declaring it, we will be paying more tax, but how would I record that information, download my paypal statements for the year? I have not kept any records of them on my computer.
1 person likes this
@Rozie37 (15499)
• Turkmenistan
4 Feb 08
Actually, I do not feel that way or that I am doing something wrong. I feel that the people who put these sites together are the ones who are cheating us. There are many sites where we do the work and they do not pay us. I do not know what is going on with Paypal though.
I will have to look it up myself and see. I keep hearing other people talking here and there, but I have not gotten the real story.
