I sold well under $2000 on PayPal this past year. I found there was a 1099 under my PayPal account. They did not mail it out to me. It is on the PayPal page account.
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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@rbertalotto That is what I was afraid of, i.e., that some of these companies were going to issue a 1099K even if they were not required to because they are so eager to please the government. I half way expected to receive one from Ebay for my sales being just over $600, but I just checked my account and it says that I did not receive a 1099K for 2022. |
BTW, this is the third year that I received a 1099 from PayPal with under $2000 in sales. There was no notification. I just happened to look under "My Account" and there it was.... |
@rbertalotto did you have 200 or more transactions in 2022? Or are you a PayPal business account? |
- 69 posts total