Question about 1099 form

ghounds2
Contributor
Contributor

Hello to all,

 

I was wondering if I can get a 1099 form eventhough I didn't meet the theshold.   I still report I have a business on my taxes and need it to show proof of employment for my medical ins.  Thank you

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3 REPLIES 3

sharpiemarker
Esteemed Advisor
Esteemed Advisor

GEnerally no, but you can ask customer service:

https://www.paypal.com/us/selfhelp/contact/call


Kudos & Solved are greatly appreciated. 🙂
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ghounds2
Contributor
Contributor

Thank you for your response.  I will call customer service.

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DPCreations
Frequent Advisor
Frequent Advisor

Receiving payments with PayPal doesn't make you employed.  Even with a 1099K (not avaiable unless you meet threshhold) there will be no proof of employment; the number on the 1099K is simply a gross receipts number.  To show your income you would need a copy of your 1040-c for 2016; to generate that form, you start with 1040-c business profit/loss forum.

TurboTax Home & Business is a good way to do your taxes.  You could also consult with a tax accountant.

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