1099K issued for 2021, while significantly under reporting threshold in my state

[NeoEvergreen012]

I have a personal account and received some payments for Ebay sales (for community charity purposes), transfers, etc. It's >$20K, but <90 transactions total. I'm in WA (thresholds for 2021 are higher though - >$20K, >200 transactions) -- still got a 1099-K issued by Paypal? Thoughts on what to do next here?

P.S. Aware that rules are changing for 2022, but I didn't think it would impact 2021. 

[bigbacon]

Same here. I didn't exceed both numbers and I still got one for 2021.

[PayPalMichelleW]

Hello @temp20220127a and @bigbacon,

Thanks for reaching out to us regarding the 1099-K. Here's an article from our Help Center on what to do if the amount reported on the 1099-K is incorrect. We hope this helps. If you have any additional questions you can reach out to our Customer Support team here.

Thanks!

MichelleW