What if the amount reported on my Form 1099-K is incorrect?

Information provided by PayPal is not intended to be and should not be construed as tax advice. For questions about your specific tax situation, please consult a tax professional.

As a courtesy, PayPal provides an option to request a Reconciliation Report that lists all of the transactions we included in the calculation of your total gross sales for goods or services reported on your Form 1099-K. This includes transactions you received through PayPal in the previous calendar year.

You can find the option to request this report in your PayPal account alongside the Form 1099-K (under the Tax Documents section.)

Please use the Reconciliation Report to validate the amounts reported on the Form 1099-K issued to you by PayPal.

If, after reviewing the Reconciliation Report, you still believe that there are differences in the amounts reported, please contact us.

Let us know the transactions that you didn’t receive for sales of goods or services. We'll need the specific transaction IDs for each payment you believe we shouldn’t include.

US tax laws require PayPal to report payments received for the sale of goods or services. We don’t report payments such as personal payments sent to family or friends. This may result in a variance between this report and other reports you may receive from PayPal. Additionally, variances in currency exchange rates may also impact these reports.