If all of your payments and winnings were paid through Paypal, you would be issued a 1099-K for payments received in 2024 if they amount to $5,000 or more. This threshold will be $600 for payments made in 2025. Please see this link for more details.
Make sure to keep records of all your winnings and losses so you can report them accurately when it comes time to file your taxes for 2024 (in early 2025). These items should be reported regardless of the amounts. Please see this link for additional guidance.
@gafuller123
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
