[scooter729]

I kept checking all year during 2017 to maintain my PayPal transactions to well under the $20K and 200 transaction thresholds. So I was quite surprised today when a 1099 showed up from PayPal for my sales of well under $20K.

I just got off the phone with PayPal - apparently Massachusetts and Vermont passed regulations late in 2017 that required PayPal to send out 1099's to residents of their states, for transactions totaling over $600. WTF?? Apparently this can be done with no notifications??

Did anybody else get blindsided by this turn of events? Hopefully for the rest of you - this isn't the start of this becoming the norm for all states.....