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April 8, 2025
Question

So I do online surveys on the side and my money I earned gets sent to paypal than to my bank account. But Paypal says I do not have a 1099k. Do I still need to find out how much I made on surveys and report that?

  • April 8, 2025
  • 2 replies
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I am doing self employed surveys and use paypal to send the money to my bank, but my Paypal is saying I have no 1099K

2 replies

April 8, 2025

You won’t get that form if you earned less than $5,000 but you can complete your Schedule C without it reporting your income as cash. 

SharonD007
April 8, 2025

Yes, even if you don’t receive the appropriate forms, you’re still responsible for paying taxes on all of your taxable income. If you didn't make more than $5,000, PayPal doesn't send you a form. If you didn’t receive a 1099 form, you still need to report the amount of income on your tax return. 

 

Refer to the TurboTax article What is Form 1099-K? for more information and instructions to enter your income.

 

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