paypal question

[Former_Member]

I use paypal in my other business - I'm self employed - to take online credit card payments. Shouldn;t paypal have some type of tax form?
I have my account in my personal name, it's not a business account

[LeedsRadio]

Yes. You should have already received a 1099K for 2015

If you did not.
Log in
Go to "my account"
Under "quick links" at the right of the page click on "tax documents"

[LeedsRadio]

I should have mentioned that I think there is a cut-off. If you have less than $20K in sales and less than 200 transactions

[Former_Member]

Okay, I'll check I did have less than $20K in sales and less than 200 transactions. Thanks

[Former_Member]

I had a total of $1800 and 10 transactions, so i guess paypal doens't send a tax form on that, I just have to do it myself.
thanks