Need Help - Do I need to report this as income tax?

[976]

So i've accepted probably 4k on paypal through friends and family

Do i need to report this and pay income tax on it?

[258]

No u don't

[976]

No u don't

At what amount should I start reporting? I live in the USA

---

No u don't

btw ive tranfered it all to my bank

[34]

As my understanding, payments as friends and family should not count as income, but at the end of the day you need to realize are your customers actually going to put their payments as expenses when their filing their taxes?

[258]

No u don't

At what amount should I start reporting? I live in the USA

---

No u don't

btw ive tranfered it all to my bank

I only receive F&F payments and never had problems with the IRS

[148]

Such a small amount, you will be fine.

[16]

No you don't as paypal take his "fee" so basically you paid the part of income taxes with that

[55]

Don't report shit.  I just finished my taxes.  If there is consequences,  I'll deal with it when it comes up YOLO.  "Have you aquirred virtual currency..."  WHAT KIND OF FUCKING QUETION IS THAT!?!?!?  Runescape gold counts?  Dumb ass shit,  I aint reporting a damn thing.

Fuck You,
Fuck The World.