Amazon Seller/Paypal Blackhat

cienfuegos

Registered Member
Joined
Jul 20, 2019
Messages
75
Reaction score
25
There's a JV where someone is looking for Amazon Seller accounts. They use your account to sell and they pay you via paypal at the end of the month for a % of whatever they sell.

I'm wondering the tax implications of this since it is done through your Seller account and you invoice through your paypal.

They change all the bank info and everything of course to their own but you can invoice at the end of the month for the percentage and they paypal you. I'm just wondering at the end of the year if I did this and got a couple thousand $$ in paypal but they sold $20,000 on Amazon, what would I be liable to report?
 
You'd need to have a signed partnership agreement in place. It should outline the agreement, your percentage cut, and personally identifiable information for the seller (including their SSN for tax liability purposes).

I HIGHLY doubt anyone you meet through a forum is going to be willing to set forth such info.

I'm not responsible for any damages caused by the use of my advice.
 
Back
Top