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Paypal. Business or Personal?

asked 2017-01-30 11:53:40 -0500

Hi Sitters! How many of you use PayPal business? How many use PayPal personal? And, why?

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I use paypal business although not for any particular reason I imagine the taxes and everything would be similar but it is easier to document.

Harvey C.'s profile imageHarvey C. ( 2017-01-31 10:53:03 -0500 )edit

6 Answers

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answered 2017-03-03 13:07:16 -0500

I have a Paypal business account. The financial reports are a wonderful thing to have at the end of year!

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I just switched to Business. How are the reports different?

Moureene T.'s profile imageMoureene T. ( 2017-03-03 13:12:36 -0500 )edit
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answered 2017-02-23 18:39:47 -0500

I use personal. Since Rover keeps track of bookings, I can just go back and add up my earnings.

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answered 2017-02-11 19:26:02 -0500

I use personal.

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answered 2017-01-31 20:53:52 -0500

I use business because of the taxes

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answered 2017-06-27 18:58:06 -0500

I just switched to business so I can get the reports, as well as the PayPal business debt card.

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answered 2017-02-25 13:26:19 -0500

I use personal, whether you use personal or business, you would still need to fill taxes. Paypal will have a tax form if your make more than $20,000 per year

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The personal doesn't have the fees the business one has. But how can you get away with saying it's a personal account, if you're going through a business like Rover?

Lisa D.'s profile imageLisa D. ( 2017-08-01 15:28:16 -0500 )edit

Ah. There's still the fee when you get money, just not to send money, with the personal account.

Lisa D.'s profile imageLisa D. ( 2017-08-01 15:31:06 -0500 )edit

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