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since ‎Feb-02-2018
Country: United States
Type: Business
COntentbysandy
COntentbysandy Contributor
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Re: 1099 K created but didn't meet threshold

by COntentbysandy Contributor in About Payments
‎Feb-03-2018 01:20 PM
‎Feb-03-2018 01:20 PM
I finally got through yesterday. They said it was a mistake and should not have happened. While on the phone they created a ticket to have it rectified with the IRS. So, they didn't know this was happening, but they could see on my account that I was right. They said they would let me know when they fixed the problem and supposedly they have a "window" to fix it with the IRS.  So, if it happened to you, you may wish to call to clarify.   Thank you for your response! ... View more

1099 K created but didn't meet threshold

by COntentbysandy Contributor in About Payments
‎Feb-02-2018 02:47 PM
‎Feb-02-2018 02:47 PM
I received notification that I have a 1099-k issued to me. However, I haven't met both thresholds. I am over the dollar value, but only have 138 transactions - this is on the actual 1099-k in my reports. So, why was this issued?   And, I've been on the phone with Paypal waiting to hear and no one is responding. They were supposed to call me back yesterday (in 11 to 16 hours) and never did.    Thanks for any input anyone might have. ... View more
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