Tax Info

Soni1708
New Community Member
If I am receiving less than $600, still do I have to provide tax payer info?
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1 REPLY 1

PayPal_Meghan
Moderator
Moderator

Hello @Soni1708,

Thanks for joining the Community! 

It sounds like you're asking if you need to provide your tax payer information, even if you're not planning on receiving more than $600. In addition to providing your information for reporting purposes, we recommend providing your information so you can upgrade your account to a PayPal Balance account. This type of account can hold a balance and access more features than just a basic PayPal account. If you'd like to learn more about when you would qualify to receive a 1099 from PayPal, I recommend referring to our Help Center article: Will PayPal report my business sales to the IRS? 

I hope this helps!

- Meghan


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