How to Access Your 1099 Tax Form on PayPal
Log In to Your PayPal Account:
Visit PayPal.com and sign in to your account.
Navigate to Tax Center:
In your account dashboard, go to the Tax Center.
The Tax Center is typically located under the Activity or Reports section, depending on your account type.
Access Tax Documents:
Look for the section labeled Tax Documents or 1099-K Forms.
Tax forms are generated for accounts that meet PayPal’s reporting thresholds and are usually available by January 31 for the previous calendar year.
Download Your 1099 Form:
Click on the 1099 form link to view and download your form.
How to Update or Correct a 1099 Tax Form
If you need to update or correct your 1099 form:
Contact PayPal Customer Support:
Log in to your PayPal account and click on Help & Contact.
Reach out to a PayPal representative for guidance on updating your tax information.
Provide Updated Information:
PayPal may require you to update your details in the Tax Information section of your account or provide additional documents.
PayPal Tax Reporting Thresholds
PayPal issues 1099-K forms to users who meet the following IRS thresholds:
$600 or more in gross payments in a calendar year (new IRS threshold as of 2023).
If you did not meet these thresholds, you might not receive a 1099-K form, but you are still responsible for reporting your income.
Still have questions? Visit PayPal’s Tax Center Help section on their website.