Does Payoneer report to the IRS?

Yes, Payoneer does report to the IRS. As a financial institution, Payoneer is required to comply with the regulations set by the Internal Revenue Service (IRS). This includes reporting certain account information to the IRS. However, this does not mean that all transactions are reported. Only those that meet certain criteria, such as exceeding a specific amount, are reported. It’s always a good practice to keep track of your own transactions and report them accurately on your tax returns.