Quote:
Originally Posted by 37 Coupe
I wonder how incoming PayPal money would prove profit. Say you have $30,000 in a car and you sell it for $20,000 on Ebay and it is paid through PayPal,guess that is where you have to have receipts at the audit.
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The burden of proof is on you............remember, it's the IRS and a broke government grubbing for bucks.