Although, technically, even if PayPal didn???t report, the IRS would expect you to report all of your income, whether or not you receive a 1099.Reply Tom says: April 4, 2015 at 9:51 pm If it is a hobby and there is no profit or money transferred to your bank or anything but there are a significant amount of transactions and money being moved (around 200 transactions but $15,000 so under the 1099 t