Originally Posted by
Starman
I'm guessing the $2500 is a management decision by PayPal on where they will cease service to a member if they don't have a SSN. Perhaps the $600 threshold is instead an IRS number, where the taxpayer becomes obligated to report income, regardless of whether they received a 1099.
No, the IRS number is $1.
The $600 vs $2500 thing came up under the Biden administration; as I recall, they lowered the threshold to $600, a bunch of people complained, and they paused implementation. I have no idea what the current state of the world is, but if you implicit suggestion is that UA wouldn't issue you a 1099-K, I agree.
I've never seen any suggestion that EC.261 jackpots are taxable. The analysis here
https://viewfromthewing.com/denied-b...ation-taxable/ would apply to EC.261 as well.