ReginaM
Expert Alumni

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If you were paid by a person or business via PayPal’s Friends and Family option, you will need to get a 1099-MISC from them. When  this method is used to transfer funds, PayPal assumes it’s a non-business transaction and doesn’t include it in their 1099-K.  If this is the case, you will need to contact the payor.

 

If you  were paid as a contractor via PayPal business, you will not have a 1099-Misc issued to you. PayPal is considered a third-party merchant and they are required to issue their own 1099 forms, called a 1099-K.

 

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