For 1099 purposes, how does PayPal define a "sale"?

[jfortier62]

When Paypal tallies up my yearly "sales" to determine if a 1099 is required, do they include every single received payment even if they were not sales, but were friends or family sending me money through my PayPal account?

[sharpiemarker · Accepted solution]

@jfortier62

Friends and family payments are not included. What you receive in gross for sales if over $20K and over 200 transactions you'll receive 1099 except for VT and MA, $600.