IRS REPORTING
Paroan
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Posted on
Jun-30-2020
01:35 PM
In 2019 my sales were just over $20,000 and over 200 transactions so Paypal reported this to the IRS. This year my transactions will still be over 200 but the sales will be under $20,000. Does this mean Paypal will not report my sales to the IRS?
Do they treat each year on its own or once they report you do they always report?
Thanks
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