You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.

VP of Giving at PayPal, said in a statement. Some conditions apply. To create a campaign, your account with PayPal must be in good standing, and you may be asked to verify your identity.

This reporting change will give the IRS ... set up separate PayPal, Cash App or Venmo accounts for your professional transactions. This could prevent nontaxable charges -- money sent from family ...