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What happened to those dreaded 1099 forms we were going to receive from Paypal?

So, who received a 1099 form from Paypal that everyone was dreading and caused so many to change how they would receive payment? I'm quite curious as I didn't receive one. Didn't know what topic to use so I chose the one with most traffic.

soundsspectacular
nonoise's avatar
nonoise
10,885 posts
 

Uh....make that the top 1%. I had forgotten just how far they've come.

seikosha
218 posts
 

Unfortunately, some states did implement the 600 threshold for 2022 even though the feds delayed it so many of us who lived in those states received a 1099 and will have to report the amounts on both forms.

mtrot
804 posts
 

@seikosha And that's one reason why it's nice to live in Texas with no state income tax!

nonoise's avatar
nonoise
10,885 posts
 

And that's one reason why it's nice to live in Texas with no state income tax!

 

 

Tell me where California ranks when it comes to taxing it's citizens and, get a lead of the breakdowns.

All the best,
Nonoise

mtrot
804 posts
 

@nonoise 

Lol, I think you'll have a hard time getting Texans to opt for a state income tax, even though property and sales taxes are higher than some states.  And, why do you bring up California, anyway?  And, since you brought it up, why are people leaving CA in droves?

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