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Old Sep 7, 2021 | 9:59 am
  #1392  
TomMM
FlyerTalk Evangelist
 
Join Date: Mar 2014
Location: 4éme
Posts: 12,069
Originally Posted by sharkey
I have been lending to Kiva for the last few years, getting back (most) of my money via pay pal.
I got an email from pay pal asking for my tax ID.
"The IRS will soon require anyone receiving $600 in payments for goods and services to confirm their taxpayer status. As someone who's received payments through PayPal, you'll need to confirm your taxpayer status by providing your Tax ID Number to meet the requirement"
"if needed based on the amounts you've received, we will use the information you've provided to send you a Form-1099-K in January"
Anyone else received this?
You definitely need to verify that email.
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