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Level 2

Question

1099-K from Square or PayPal or Venmo

Forum|Forum|3 years ago
August 31, 2022
3 replies
28 views

If I get a 1099-K from Square or PayPal or Venmo from selling baked goods, are they paying the taxes to my state on what I have earned? (I live in Vermont.) Thank you!

Level 15

You are responsible for any tax on your income.

SaraOAuthor

Level 2

So, they do not collect the tax and pay it on my behalf?

Level 2

I'm not a tax person, but I do sell on eBay. They collect and keep the state sales tax on the items you sell. What they do with it is beyond me, though.