you need to contact Paypal and indicate these were not business sales. if you don't and don't report the sales (which aren't really sales of business inventory/assets) you will get a notice from the IRS and a bill because a copy of the form goes to them. it presumes it is for sales by a business and thus reportable and taxable
Make corrections to your form or reporting information if the amount is wrong. It's possible that your 1099-K may reflect more than you earned under certain circumstances. For example, you may have shared a credit card terminal with another business owner, resulting in a 1099-K that reflects their income as well as yours. If you believe the income reflected on the form is wrong, you can request a corrected form or update your business information, depending on what caused the error. Here are the potential issues that may occur:[5]
The 1099-K is in your name instead of your business name
You shared your credit card terminal with another person or business
You bought or sold your business during the year
You changed your business structure, such as going from sole-proprietorship to partnership
You gave debit card customers cash back
You received income from multiple income streams
