About PayPal 1099k
Uptruck
New Community Member
Options
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Posted on
Jan-24-2021
07:30 AM
Hi, I just received 1099k from PayPal. My gross number are only 2500. It’s not meet federal minimum requirements but I still receive it. I guess it’s because I live in Illinois. So should I only file this form on Illinois or I should file both federal and Illinois on my this year tax return?
Labels:
- Labels:
-
Activity Download
-
Tax Documents
1 REPLY 1
atc4usmc
Member
Options
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Feb-19-2021
04:35 PM
I have the same issue except for a different state (VA). I'm told by VA, that I do not have to file state income tax based on this however I'm not sure about the federal. Also, how would I file this as I am not a business and don't have a schedule C etc...
NOT USING PAYPAL ANY MORE!!
Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.
Related Content
- Can Volunteers Run a Business/Nonprofit Profile? in Reporting Archives
- Can the confirmation email from PayPal be customized/edited? in Merchant Products and Services Archives
- Magento 2 Checkout Screen Asking For Credit Card in Merchant Products and Services Archives
- Zettle refunds and Zettle vs Here in Merchant Products and Services Archives
- New Taxpayer Status Requirement in Reporting Archives