Paypal Tax Filing

Discussion in 'Help & Requests' started by Furreal, Sep 22, 2016.

Paypal Tax Filing
  1. Unread #1 - Sep 22, 2016 at 12:25 AM
  2. Furreal
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    Paypal Tax Filing

    Hey guys, if I have met the 200 transactions but have not hit the 20k threshold, do I still have to file taxes? Share any experiences please! I would highly appreciate it.
     
  3. Unread #2 - Sep 23, 2016 at 8:32 PM
  4. iFreshMez
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    Paypal Tax Filing

    You only have to report your 1099-K form with paypal if you exceed both of the limitations (200 transactions AND $20,000 or more).
     
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