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HBD
Pit Crew

1099-K & StubHub and/or Paypal Reporting to the IRS

Hello! I have not received any info directly from StubHub regarding a 1099-K. I called StubHub and they said that even though I am over the $20K threshold for 2023, my payments go through Paypal, which is where I can get my 1099-K. Paypal said that yes, I passed the $20K threshold, but only had 43 transactions, so no 1099-K from them. I asked if they report to the IRS nevertheless, and they said no because I didn't qualify by having 200+ transactions. 

So, my question is, what can I expect from StubHub? Will I in fact get a 1099-K from, and if not, does StubHub still report my sales to the IRS either way? Thanks in advance!

2 REPLIES 2
Melpik
Legend

Re: 1099-K & StubHub and/or Paypal Reporting to the IRS

Hi @HBD 

 

I just received an email that my 1099 was available on line.  Go to settings and it is at the bottom below payment Tax id information

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HBD
Pit Crew

Re: 1099-K & StubHub and/or Paypal Reporting to the IRS

Thank you for your response. There is nothing below the Tax ID. For others, this may work, but as I said above, according to StubHub, Paypal will give me my 1099, but they said they don't have one because I had less than 200 transactions.

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