Does PayPal Issue 1099?
Yep, if you receive payments over $600 in a year, PayPal will issue a 1099-K for ya. Time to face the taxman!
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PayPal only issues a 1099-K if your transactions surpass $600 in sales or if you're selling lots of trinkets.
Be prepared! PayPal will issue you a 1099-K if you hit that $600 threshold. You can see it in your account come tax season!
Nope, not everyone gets a 1099-K from PayPal, just those who hit certain thresholds. Business or hobby, make sure you know where you stand.
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