Grailed made me make my PayPal a business account years ago. Is there a way to turn it back into a personal?
No clue
From now on I will only accept cash or check mailed to me, prior to shipment, on my grailed page
Info on graphic novel?
It's a YA dark comedy/drama about growing up around bored, restless addicts in a small town. The main character gets a chance to move to NYC but his sister won't leave her emotionally manipulative father to go with him, so he has to decide between family and his own future.
It's about 150 pages long, we're looking to have the first draft done by April to share with publishers and agents, with the final copies getting printed over the summer. You can see some art from it on our IG: instagram.com/movingseries
From now on I will only accept cash or check mailed to me, prior to shipment, on my grailed page
Crine you boutta get hit with them bounced checks while I’ll be swimming in Raf
what Democrats say they want to do: tax the ultra-wealthy to fund the basic needs of every american and repair our infrastructure
what Democrats actually do:
https://www.marketwatch.com/story/irs-warns-americans-over-600-threshold-to-report-venmo-paypal-payments-11669480433
"The agency on Tuesday posted an explainer warning American business owners earning $600 or more per year on payments that are received through apps such as Zelle, Cash App, Venmo, and PayPal PYPL, -0.83% to file a tax form known as Form 1099-K.
The IRS is interested in transactions involving part-time work, side gigs, and selling goods, according to the agency."
I've been working on a graphic novel with an artist since last year but thankfully have been sending him more frequent ~$450 payments, not less frequent $600+. This IRS warning would apply to a situation like that.
'over $600 per year' not '$600 total per transaction'. You gotta report that.
https://www.marketwatch.com/story/irs-warns-americans-over-600-threshold-to-report-venmo-paypal-payments-11669480433
"The agency on Tuesday posted an explainer warning American business owners earning $600 or more per year on payments that are received through apps such as Zelle, Cash App, Venmo, and PayPal PYPL, -0.83% to file a tax form known as Form 1099-K.
The IRS is interested in transactions involving part-time work, side gigs, and selling goods, according to the agency."
I've been working on a graphic novel with an artist since last year but thankfully have been sending him more frequent ~$450 payments, not less frequent $600+. This IRS warning would apply to a situation like that.
From this article, it seems like it will only affect people who use places like Venmo to get money for this business / side businesses and that it won’t affect people that just casually sell things on eBay or StockX or something
Crine you boutta get hit with them bounced checks while I’ll be swimming in Raf
I will no longer accept checks for my grailed page.