Anybody get their 1099 from PP yet? I keep going to the site and only get the BS that they are looking to see if I am supposed to get 1. Midnight 1/31/2026 was the deadline to get that info to us, supposedly.
Paypal 1099 run-around
- Thread starter rbkt65
- Start date
-
I had heard a while back that they did away with the trivial exchanges of monies. I think it was only if you exceeded a couple of grand or more in the calendar year.
Vaanth
Well-Known Member
The reporting requirement has been reverted to the prior limits. For more information, refer to IRS issues FAQs on Form 1099-K threshold under the One, Big, Beautiful ....
PayPal, and others, should already have it covered, but apparently running behind.
The IRS Fact Sheet regarding the change(s) is attached.
I looked at my transactions for the whole year. I only have 3 that had fees removed from the transaction. The transactions only amount to less than 1k. Also the little fat f%^ker in Illinois say 4 transactions/1000.00 will have to be claimed. I think I see now why they are still looking to see whether to send me 1 or not.
-
Similar threads
