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Thread: Paypal Question

  1. #1

    Default Paypal Question

    Hi,
    I'm trying to get going as an article writer and was wondering what would be the best payment method to use to collect my earnings.
    It seems that the majority of people use Paypal as the payment method even though the initial cash is not going to be a lot. Does Paypal take taxes off earnings?

    Any help will be appreciated.

  2. #2

    Default

    Quote Originally Posted by wagsix View Post
    hi,
    i'm trying to get going as an article writer and was wondering what would be the best payment method to use to collect my earnings.
    It seems that the majority of people use paypal as the payment method even though the initial cash is not going to be a lot. Does paypal take taxes off earnings?

    Any help will be appreciated.
    i dont understand u ask???

  3. #3

    Default

    LR perhaps?

  4. #4

    Default

    Generally LR will be the best payment option though some still prefer Paypal. I think the real question is what you want to do with your earnings.

  5. #5

    Default

    Really depends on what u are being paid for.

    If everything is legit, I would still vouch for PayPal.

    -----------
    If you need WU transfers at affordable rates, contact me at icq : 639059147. LR, PayPal* accepted
    * Terms apply for using PayPal ==> More info HERE !
    Last edited by WUtransfer11; 31 Dec 11 at 13:51.

  6. #6
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    Default

    Quote Originally Posted by wagsix View Post
    Hi,
    I'm trying to get going as an article writer and was wondering what would be the best payment method to use to collect my earnings.
    It seems that the majority of people use Paypal as the payment method even though the initial cash is not going to be a lot. Does Paypal take taxes off earnings?

    Any help will be appreciated.
    Since majority of people are using Paypal, then you will need to use them too right? If not, how are you going to accept their payment?
    You wont be paying any tax but Paypal will charge you fee for payments you receive

  7. #7

    Default

    Paypal is not charging any taxes on earnings, account balance or withdrawals. You are yourself resposible for taxing your Paypal money if you are over the tax-free limit.

  8. #8

    Default

    Quote Originally Posted by Postworker25 View Post
    Paypal is not charging any taxes on earnings, account balance or withdrawals. You are yourself resposible for taxing your Paypal money if you are over the tax-free limit.
    Thanks for great guideline , while doing online shopping we use paypal account , is it safe to use this accounts on e-commerce websites, is there any loss or extra charges has to pay for using paypal account?


 

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