Originally Posted by hookeye
If he sends it under goods and services, yes.
Friends and fam, no.

Could send two payments of 500


The PayPal rule is for cumulative payments in the course of a year received for Goods& Service; not single transactions. If you receive more than $600 in a year for G&S; you will get a 1099. The threshold was $20k AND 200 transactions.
Same will be applied to EBay sales; I believe

Last edited by Cruiser1; 01/05/22.