[Amps] Time to Quit Using PayPal?

[RICHARD SOLOMON]

Let's see ... they (PayPal) have your Name, Address & Phone Number. If you 
link your account to a Bank Account, they have a routing number. Now they 
want your SSN !!! 

As a philosophical old drunk once told me ..."Trust Me" ... 

73, Dick, W1KSZ 

> From: k4vud at hotmail.com
> To: amps at contesting.com
> Date: Sat, 22 May 2010 00:52:46 +0000
> Subject: Re: [Amps] Time to Quit Using PayPal?
> 
> 
> Sri off topic....  looks like u will have to give everyone u do biz with your SS number or get a special TIN... help me understand?
> 
> Charles Harpole k4vud at hotmail.com 
> 
>  
> 
> 
> 
> 
>  
> > From: cf at cfcorp.com
> > To: gbenko at prodigy.net; amps at contesting.com
> > Date: Fri, 21 May 2010 17:49:23 -0700
> > Subject: Re: [Amps] Time to Quit Using PayPal?
> > 
> > Looks like all electronic forms of payment will be reported, not just
> > PayPal.
> > 
> > There won't be any confusion, anything over the limits set by the government
> > will be income and a 1099 will be issued and reported.
> > 
> > 73,
> > 
> > Cliff K3LL
> > 
> > > -----Original Message-----
> > > From: amps-bounces at contesting.com [mailto:amps-bounces at contesting.com]
> > > On Behalf Of Shagbark Acres
> > > Sent: Friday, May 21, 2010 5:19 PM
> > > To: amps at contesting.com
> > > Subject: [Amps] Time to Quit Using PayPal?
> > > 
> > > Seems as though PayPay will be reporting transactions to the IRS now...
> > > 
> > > Lots of room for confusion for the "Private, non-business" seller...
> > > 
> > > Check out:
> > > 
> > > http://money.cnn.com/2010/05/21/smallbusiness/1099_deluge/index.htm?sou
> > > rce=cnn_bin&hpt=Sbin
> > > 
> > > 
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