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  #1  
Old 01-24-2019
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Default got a 1099K?

Beggining of 2018 asked for my info and social gave it, later on account got restricted, (Didnt know everything as i now know shouldnt have put in social etc...) anyways, so waited the 180Days then pulled out cash

got a 1099k for this account,

Transactions: 184
Only did $4,800
March:1,100
April:3,700

I thought had to surpass 200 Units AND 20k to get a 1099k?
(Taken from paypal)
"PayPal will track the payment volume of your account(s) to check whether your payment volume exceeds both of these levels in a calendar year:
$20,000 USD in gross payment volume from sales of goods or services in a single calendar year
200 payments for goods or services in the same year*"
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  #2  
Old 01-24-2019
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Default Re: got a 1099K?

Is this account registered in Vermont or Massachusetts?

If so, the 1099-K reporting thresholds in those states are a lot lower- $600 per year.
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Old 01-24-2019
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Default Re: got a 1099K?

Its registered in CA,

If im able to print it out, im assuming it got sent to the irs correct? and yes i'll be contacting my accountant about this but Id also like to know from people that have done stealth for over multiple years to see there input
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Old 01-25-2019
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Default Re: got a 1099K?

You gave them your info and SSN?
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