Tax reporting

Gregg Gustin

December 29, 2018 09:46

Does gigwalker report individual payments to the IRS. How can I get documentation of payments made to me

Comments

3 comments

Bella Luna

December 30, 2018 16:15
Its in faq. You use paypal not gigwalk.
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Gregg Gustin

December 31, 2018 06:23
I know that Paypal only reports sales over 20k or 200 transactions. Anyone know how or if they report smaller payments like the ones we get?
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Bella Luna

December 31, 2018 17:50
They will send you a 1099 form if they will report it. You can call PayPal to request one if you want to report. As for my understanding anything under 400 is never reported and most companies don't bother unless 600 or more for a calender year. Only PayPal or a CPA can answer if they will report but my understanding it has to accumulate up to 200 total transactions. Not sure if that includes depositing to your account or just having payments sent to you.
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