For U.S. Citizens:
We are required by law to notify the IRS of your earnings, but at this time per new IRS rules it is no longer our duty to issue 1099s to Creators who are paid via PayPal. Creators will receive a 1099-k from PayPal if they "received payments that exceeded $20,000 in gross total reportable transactions and the aggregate number of those transactions exceeded 200 for the calendar year”.
More information on 1099-k's can be found here.
For Users located outside of the U.S.:
Users located outside of the U.S. are not required to complete this section of their profile.