1099-K and Class Reunion
Bcin36
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Posted on
Mar-06-2023
05:13 AM
How can we set up an account for a one-time class reunion without being taxed? I don't want to receive a 1099-K and have to include it with my personal income taxes.
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Mar-09-2023
08:11 PM
Hello @Bcin36,
Welcome to PayPal Community Forum and thank you for posting!
I appreciate you expressing your interest in PayPal! PayPal is a service that enables you to pay or get paid and send or receive money worldwide. You will be taxed for receiving payments for the sale of goods and services above the reporting threshold in a calendar year. Here's the help center article link about IRS.
Regards,
Ayesha
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