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!
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You are responsible for any tax on your income.
So, they do not collect the tax and pay it on my behalf?
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.
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