Quote:
Originally Posted by davew
PAYPAL is going to have to submit many 1099's this year since Biden lowered threshold to $600.
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I got a Paypal 1099 that made no sense the numbers did not match to anything. I used Paypal for a few deposits for small machining jobs, and some personal E-bay sales of crap I no longer need. I just added the whole thing as income, so far all is well. Like I said using all the Paypal transactions I had there was no way to hit the number. I had like 10 transactions for the whole year.