PayPal and end-of-year taxes - can you help me with this?

by AmazeMe Banned
2 replies
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I search for this solution each and every year, and I'm surprised no one talks about it.

I sell everything through PayPal. And every year when I do my taxes, I have to import PayPal into a database just to get one number:

gross sales

Is there an easier way to get gross sales (year to date) from PayPal?
#endofyear #paypal #taxes
  • Profile picture of the author paulgl
    There's a whole plethora of reports available.

    It will allow you to view monthly sales, yearly sales, etc.

    Not sure about integrating it with tax software.

    I just do payments received as my "sales."

    They have a new 2011 financial statement which you
    can download as well.

    I see something new as well. I used to have to add up monthly
    by hand, but now see you can get totals of sales, as well as
    what you got, minus the fees. This will save me time this
    year. I've had to total everything by hand.

    I don't do sales of products, just sales of links so I have
    it somewhat easy.

    Paul
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    • Profile picture of the author AmazeMe
      Banned
      Originally Posted by paulgl View Post

      There's a whole plethora of reports available.

      It will allow you to view monthly sales, yearly sales, etc.

      Not sure about integrating it with tax software.

      I just do payments received as my "sales."

      They have a new 2011 financial statement which you
      can download as well.

      I see something new as well. I used to have to add up monthly
      by hand, but now see you can get totals of sales, as well as
      what you got, minus the fees. This will save me time this
      year. I've had to total everything by hand.

      I don't do sales of products, just sales of links so I have
      it somewhat easy.

      Paul
      Yes Paul, I see (for the first time in years) that PayPal now offers monthly reports. It would be great if they offered a year-to-date option.

      With that said, I'm not able to see any reports in the "Tax Documents" option.
      {{ DiscussionBoard.errors[5517399].message }}

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