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Old 09-24-2009, 08:25 AM   #1 (permalink)
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Default Paying yourself by Paypal
OK on PayPal I've received an amount of funds for something right, and I want to transfer this money to my ordinary banking account. But it seems like I can only pay an email addresses.

Does anybody have any clues on how I can put my paypal money into my ordinary bank account?

Cheers
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Old 09-24-2009, 08:44 AM   #2 (permalink)
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Hey guys, I figured out how you do it, you go to "withdraw," sorry for being lame *slaps himself on the head*
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Old 09-25-2009, 03:18 AM   #3 (permalink)
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Default Congratulations!
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Originally Posted by brendannz View Post
Hey guys, I figured out how you do it, you go to "withdraw," sorry for being lame *slaps himself on the head*
Congratulations! You've learned something! Unless it feels rewarding to you, you can now stop hitting yourself.
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Old 09-25-2009, 12:40 PM   #4 (permalink)
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Congratulations! You've learned something! Unless it feels rewarding to you, you can now stop hitting yourself.
Thanks! hahah..

Making you smile was the real reward of the lesson, though, I must admit..
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Old 09-25-2009, 04:22 PM   #5 (permalink)
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Thanks! hahah..

Making you smile was the real reward of the lesson, though, I must admit..
You're welcome!
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Old 09-25-2009, 08:37 PM   #6 (permalink)
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Hey I've got a question here too - I use paypal a bunch as well, and so far on my annual tax returns I've been 'claiming' the amount that I transfer into my bank account as income.

Is there a real 'right' way to document the income, and even recover the fees paypal charges?
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Old 09-25-2009, 09:01 PM   #7 (permalink)
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Hey I've got a question here too - I use paypal a bunch as well, and so far on my annual tax returns I've been 'claiming' the amount that I transfer into my bank account as income.

Is there a real 'right' way to document the income, and even recover the fees paypal charges?

IF the fees from paypal are for business related transfers you should be able to claim those fees as a tax deduction.
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