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December 11, 2023
Question

On PayPal it says they submit 1099-k over 600 but I made less will I still get a 1099 or file it under miscellaneous

  • December 11, 2023
  • 1 reply
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1 reply

Employee
December 11, 2023

It actually makes no difference whether or not you receive a 1099 or other tax reporting statement.

 

You are required to report your income as either miscellaneous (Other) income or as income from self-employment if you are in business (i.e., a sole proprietor).