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Q: Are pay pal gift payments taxable?
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Related questions

Does pay-pal take taxes out of payments made to you?

No,paypal does not take taxes out of payments made to you


When you using pay pal do you pay?

The 'buyer' doesn't - but the 'seller' pays a fee for accepting Paypal payments.


If receiving a settlement from work related accident do you pay taxes on it?

Worker's Comp payments are not taxable.


Do i as a disabled veteran pay income tax on the disability payments?

If your disability payments are through the VA then they are tax free and are not considered taxable income.


Will pay pal charge you for their services?

Paypal do not charge you for sending money but they do charge you when you receive payments.


What does pay pal mean?

paypal is account that you can buy stuff from online..


How do you accept credit card payments by phone for products you are selling from home?

Try Pay-Pal. It's an online service.


Is remuneration taxable pay?

calculate taxable pay


Do you pay income tax on a gift from your brother or sister?

You don't pay income tax on the receipt of the gift. However, if the gift consists of property that has gone up in value, you may have a taxable capital gain when you sell or dispose of the gift. Your brother or sister, depending on the size of the gifts he or she gives, may have to pay a gift tax, which is different than an income tax.


Is severance pay taxable in Philippines?

Is severance pay taxable in the philippines


Can you buy pay pal in Europe?

Pay Pal is used in Europe.


Do you have to pay taxes on workers comp in the state of Virginia?

Payments for injuries under worker's compensation laws are not taxable under federal or state taxes.