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Does paypal report to the IRS?

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01-29-2005	#1
cd34 I'm the guy that pokes anthills with sticks Join Date: Jan 2005 Location: West Palm Beach, FL USA Posts: 31	They file a 1099-INT which is supposed to report the interest earned. It is optional for them to report the closing balance on Dec 31 -- I believe the electronic statement I saw from them stated that they would not be sending the closing balance at COB Dec 31. https://www.paypal.com/us/cgi-bin/webscr?cm...swer_id=6483804 __________________ This is my sig. There are many others like it but this one is mine

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