Here is a link from the Paypal blog
https://www.thepaypalblog.com/2008/08/proposed-irs-reporting-requirements-become-law/comment-page-2/]
https://www.thepaypalblog.com/2008/0...omment-page-2/[/url]
"Under the legislation, PayPal will be required to report to the IRS the total payment volume received by PayPal customers in the U.S. who:
1. receive more than $20,000 in payment volume in a single year; and
2. receive more than 200 payments in a single year."