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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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1727639 No.1727639 [Reply] [Original]

I sell video game currency to my friends/their friends in a video game. I make a few thousand a year (I dip into my own supply). I receive my payments as gift/send money rather than a payment to avoid fees.

Would paypal report this to the irs?

>> No.1727797

>>1727639
game?
paypal?

>> No.1727911

>>1727639
Only over 5k in usa for a non biz acct.

Think its 10k for biz

Rmt is a big biz with slots of potential

>> No.1727917

>I sell video game currency

you mean like bitcoins?

>> No.1727956
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1727956

>>1727639
Please gib monies for Playstation+ membership

My PSN iD is $niPeR_L337_420

>> No.1727960

>>1727639
not really depending on what they use as a description for payment, and if its is under 10k no one gives a shit

>> No.1727964

>>1727956
Dude add me AnaRch1s7_pHr34k_0wn3r[myg0t]

>> No.1728383

>>1727911

Totes, I'm thinking of investing in buying a server to run tons of clients of the game to farm. Not sure if it's a bad idea or not/even possible. My brother recommended it.