1099-K and Class Reunion

Bcin36
New Community Member

How can we set up an account for a one-time class reunion without being taxed? I don't want to receive a 1099-K and have to include it with my personal income taxes.

Login to Me Too
1 REPLY 1

PayPal_Ayesha
Moderator
Moderator

Hello @Bcin36,

 

Welcome to PayPal Community Forum and thank you for posting!

 

I appreciate you expressing your interest in PayPal! PayPal is a service that enables you to pay or get paid and send or receive money worldwide. You will be taxed for receiving payments for the sale of goods and services above the reporting threshold in a calendar year. Here's the help center article link about IRS.

 

Regards,

Ayesha

 


If this post or any other was helpful, please enrich the Community by giving kudos to its author, accepting it as a solution, and/or coming back to assist others. Members make this Community great!
Login to Me Too

Haven't Found your Answer?

It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.