How do taxes work for work from home jobs that pay through PayPal? NY/VA resident

Danna_Yamilette
New Community Member

I am currently WFH for the AI company Data Annotation, and I am wondering how taxes would work for a NY/VA resident in this case, as they make all of my payments through PayPal.

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1 REPLY 1

sharpiemarker
Esteemed Advisor
Esteemed Advisor

@Danna_Yamilette 

Your best bet is to ask a tax advisor:

 

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If employer pays you with the goods and services option, PayPal is required to report those payments though to the IRS via the Form 1099-K: Payment Card and Third Party Network Transactions.


Kudos & Solved are greatly appreciated. 🙂
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