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Hello @Rjking56,
Welcome to the PayPal Community! I can certainly understand your concern with the request you received. PayPal will track the total payment volume of your account to check whether your payment volume exceeds both of these levels in a calendar year:
- $20,000 USD in gross payment volume from sales of goods or services in a single calendar year
- 200 payments for goods or services in the same year
Personal payments do not currently count towards the above thresholds for IRS reporting.
I hope that helps!
- Jon K
If you find this or any other post was helpful, make our community better by giving kudos or accepting it as a solution.
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Hello @Rjking56,
Welcome to the PayPal Community! I can certainly understand your concern with the request you received. PayPal will track the total payment volume of your account to check whether your payment volume exceeds both of these levels in a calendar year:
- $20,000 USD in gross payment volume from sales of goods or services in a single calendar year
- 200 payments for goods or services in the same year
Personal payments do not currently count towards the above thresholds for IRS reporting.
I hope that helps!
- Jon K
If you find this or any other post was helpful, make our community better by giving kudos or accepting it as a solution.
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