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Old 01-29-2005   #6
Dravyk
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Join Date: Oct 2002
Location: Behind a couch, somewhere in Philly
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Quote:
Originally posted by cd34@Jan 29 2005, 01:00 AM
They file a 1099-INT which is supposed to report the interest earned. It is optional for them to report the closing balance on Dec 31 -- I believe the electronic statement I saw from them stated that they would not be sending the closing balance at COB Dec 31.

https://www.paypal.com/us/cgi-bin/webscr?cm...swer_id=6483804
Why would PayPall send out a '99 when they don't pay interest?
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