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Old 01-09-2023, 07:10 PM
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bnorth bnorth is offline
Ben North
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Join Date: Jun 2013
Location: South Dakota
Posts: 9,964
Default PayPal 24% tax hold

Just got a $495.40 payment from another member. Paypal told me if I didn't want them to hold 24% for IRS backup withholding I needed to add a tax ID or my SS# if/when I hit the $600 limit.

Just a heads up for anyone who didn't know.
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