selling over 500$ per month via paypal on ebay?

[cyanide]

Hello!

Im just wondering how you people who sell  mlp fim plushies (or other items) that ends very high, how you deal with paypal and the payments? on my ebay page it says you can sell up to 500$ per month, what happens if i'd sell something for say 1000$? will you need to pay more taxes or will it not be payable by the buyer? im curious 




[moving to TS - kaoskat]

[lovesbabysquirmy]

They'll allow you to upgrade your account, and charge you the fee associated with that new account type to receive your money.  But they will hold onto it until you upgrade your account.    The buyer will be able to pay, but you won't be able to collect your funds until you upgrade with Paypal. 

[cyanide]

oh ok i see thanks alot for your reply!

[ponylady]

Here's a link to ebay's help page on selling limits.  I hope it helps!
 
http://pages.ebay.com/help/sell/sellinglimits.html