Ebay Seller Tax question!

Lets say my total amount of transactions is 50 and total sold is $15,000 from August 2013 to December 31 2013. Paypal says they only report to IRS if its 200 transactions and $20,000 within one year


Considering that now is January 3rd 2014 and a new year does that paypal still keeps track of this 15k and will wait until i accumulate to 20k and report my earnings or since this is a new year the amount is reset and not have to worry about another $5,000 of earnings?

PayPal is required to report gross payments received for sellers who receive over $20,000 in gross payment volume AND over 200 separate payments in a calendar year.

Sothis is correct:"since this is a new year the amount is reset and not have to worry about another $5,000 of earnings"