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Online Payment Processing Discussions concerning topics related to payment processing, such as merchant accounts, gateways, credit card processing options, PayPal, Google Checkout, 2Checkout, etc.


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  #1  
Old 07-28-2015, 07:25 AM
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HarshS HarshS is offline
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Talking Which type of PayPal account to choose to claim blogging income?

Hello Friends,

Please suggest me which type of PayPal account I should choose to receive my blooging income?
PayPal offers Personal and Business type account.

Also please consider that I'm already a tax payer.
And I will have to declare any blogging income for taxation if I may have.

Thanks in Advance,
Harsh S.

Last edited by HarshS; 07-28-2015 at 07:31 AM. Reason: Made tile more generic.
 

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  #2  
Old 08-03-2015, 11:37 AM
jack_42 jack_42 is offline
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You can have a personal paypal account and still declare the amount you receive as income.
 
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Old 08-03-2015, 09:05 PM
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Jim Gillum Jim Gillum is offline
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Different countries have various laws concerning taxes related to income....
Check with an authority....
 
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Old 08-04-2015, 06:57 AM
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HarshS HarshS is offline
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Thanks @jack_42 and @Jim Gillum for kind advice.
 
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Old 08-04-2015, 08:48 AM
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Suniel Suniel is offline
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For blogging personal paypal account are recommended. Chosse that
 
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Old 08-11-2015, 08:27 AM
OffshoreDedi OffshoreDedi is offline
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I think using personal account is good as business account requires lot more documentation. Business account is advisable if you are selling on daily basis from your website.
 
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Old 08-25-2015, 03:23 AM
johny0808 johny0808 is offline
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You can have the personal account and there will be no need to Pay any type of tax form in personal account.
 
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