How to find the PayPal fees you paid last year

Tax season is upon us again.

As you go ahead and scramble to collect all of the expenses you can possibly write off, you are probably forgetting that every time you take an online payment from PayPal they take a service fee off the top, and you can expense that!

To get the service fees you’ve paid over the last calendar year, check out these steps

Login to your PayPal account
Go to the following URL: 
https://business.paypal.com/webapps/merchantreportingweb/page/fsr.form

This will give you a report screen.

Make sure “Monthly Sales Report” is checked

Screen Shot 2016-02-25 at 6.49.19 PM

Then select your summary month. Note: PayPal no longer allows you to choose the entire year, so you will need to add up the 12 months, or enter each month individually into your expenses.

Screen Shot 2016-02-25 at 6.47.12 PM

After the month is selected, press “view report” and you will be able to see that months summary with the fees you’ve paid.

Screen Shot 2016-02-25 at 6.47.03 PM

Ta da!

It’s difficult to find these instructions in the PayPal docs, so I hope this helps 🙂

Important: Please consult your tax professional, as I am not a certified accountant, nor do I play one on the internet.

 

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9 thoughts on “How to find the PayPal fees you paid last year

  1. Great Tip, thank you. Incredibly difficult for us silver surfers to sometimes find the details that large corporations don’t particularly want you to find, eg. the fees you pay Paypal lol.

    Again, thank you

    David

  2. That was really helpful, thank you. I knew it was possible to get a report of fees because I’ve done it before but Paypal have hidden the page that lets you do it. How on earth did you find that URL?!

  3. Hey,
    I’ve used this info the last two years FYI and it’s worked great, but now it’s not popping up.
    Just wanted to see if this is still working or if they decided to make it more difficult now.

    Thanks for making things easier the past two years and God bless you!
    Jesse

    1. Hey Jesse, Oh no! Ok, let me look into it, and I’ll update the article if needed. I shoot you a reply when it’s updated.

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