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 seikosha

Unfortunately, some states did implement the 600 threshold for 2022 even though the feds delayed it so many of us who lived in those states received a 1099 and will have to report the amounts on both forms.