Does PayPal Send 1099?
Absolutely! PayPal sends a 1099-K form if you reach the IRS thresholds. Make sure to keep track of your earnings!
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Not unless you hit the $20k/200 transactions threshold.
From personal experience, I can confirm PayPal sent me a 1099-K after a busy year of sales. It's all about those thresholds!
Yup, PayPal sends a 1099-K to you and the IRS if you receive over $20,000 in payments and have 200 transactions in a year.
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