I get paid through PayPal for a side business. I am under the $20,000/200 transaction threshold. I assume I won't get a 1099k. Is this income reported by PayPal to the IRS. And if so, how do I report it without a 1099. I have made over $600 but there seems to be a black hole of reporting with third party payers. I've looked and looked into this question and there's lots of confusion. How do others handle this issue?
