Question about when paypal reports to irs

Inuyashaxkamui
Contributor
Contributor
Hello I need help answering this question. I have made about $30,000 in sells this Calendar year selling mtg trading card collection due to covid 19. I have been told by a pay pal that I need to meet the requirement of over $20000 and 200 transactions. However I have a question is that completely true? And if it is does it include 200 in sells transactions are 200 total transactions in your account a calendar year? I've only made about 50 sells transactions in this year. So well my account be reported to irs or not?? Please help. Thanks
Login to Me Too
0 REPLIES 0

Haven't Found your Answer?

It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.