TJsMomSarahJane
WBC in Dec 2022
- Joined
- Feb 23, 2016
Also, more importantly, once you receive $600 in payments, you will be getting a 1099K from paypal and it will get reported to the IRS. I am not an accountant, but I don't know if the IRS would accept the argument that you were really paying yourself.
I'm technically sending money to my wife, who's Paypal & tax information is registered at the home we share, into a joint account in both of our names - so I don't think it's to much of a stretch.