Is Mass Payment through paypal considered as Goods and Services
Joannxdesigns
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Posted on
Feb-27-2022
02:22 AM
I received money through mass payment is it considered as Goods and Services?
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PayPal Payment Products
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Mar-02-2022
10:31 AM
Hello @Joannxdesigns,
Welcome to the PayPal Community - great question! When you receive a mass payment, PayPal doesn't take out like the processing fee, but the transaction received does get reported onto a 1099 if you end up qualifying for one.
I hope that helps!
- Jon K
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