True gifts. This rule applies only to true gifts. You canât avoid paying income tax by calling something a gift when it isnât. For example, a âgiftâ you receive in exchange for services or some other consideration isnât a gift. Income after gift.
Actually, they can. PayPal will put your account into a negative balance and any funds you add or receive will first go towards that negative amount. If you keep a negative balance for over 30 days, they will send you to collections and close your account.
The guy that receives the money doesn't have to pay his sellers fee if the money you send is labeled as a gift but you can not open up a dispute if he cheats you and does not send the merchandise or if the merchandise needs to be returned.