What happened to those dreaded 1099 forms we were going to receive from Paypal?


So, who received a 1099 form from Paypal that everyone was dreading and caused so many to change how they would receive payment? I'm quite curious as I didn't receive one. Didn't know what topic to use so I chose the one with most traffic.

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Showing 1 response by azwill

I had received an email from PayPal in later September, 2022 that I would be receiving a 1099-K early in 2023.  However, in checking my PayPal account under Tax Documents,  it showed "Your account is not eligible for any tax documents in 2022."  There is also an option to go paperless for tax documents from PayPal.  My implied suggestion is you check your PayPal account regarding 1099-K for 2022.