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.
Re: Possible SCAM from Paypal wants MTCN number from Western Union then gives money to seller? I believe I currently my be engaged in a trasaction of a similiar nature. The buyer claims to be in the navy and wants to purchase the item and send to his father in the UK. The sale amount was $2600.