Ebay seller asking for tax id. Dec 8, 2021 · UPDATE 12-9-21.
Ebay seller asking for tax id What's included in Form 1099-K Dec 14, 2023 · 2. Apparently all eBay sellers will have to prove their identity by the end of this year and this is somehow connected to their decision to stop using PayPal. I very occasionally sell, but mostly buy. Ask for a refund. I have been selling on eBay for 18 years and I suddenly have to prove my identity. When you registered for your eBay account, you may not have provided your full tax identification number (TIN), which can be a Social Security number (SSN), employer identification number (EIN), or individual taxpayer identification number (ITIN). eBay will only report if you pass certain yearly sales thresholds: If your total sales on eBay exceed €2000, or roughly £1740, after fees. The change made by the IRS It may not have been the law when you opened your PayPal account but it is now. This is a scam in order to get your information. The phone number is often used by the courier to give updates on the shipment, but most importantly to arrange the payment of duties before delivery. As I understand the situation, from what I've read online, I will be responsible for pay import duty and tax on the item, and this is usually collected by the courier before delivery, the amount due will be calculated If you haven’t already given us your Social Security Number (SSN), Employer Identification Number (EIN), or Individual Tax Identification Number (ITIN), we’ll ask you to provide it. For example, you may have two eBay seller accounts associated with the same Tax ID. This change does not apply to all eBay users or sellers who generate less than $600 in sales per calendar year. Make sure eBay has your TIN (SSN, EIN, or ITIN) on file. It appears the problem at least for some sellers may be related to the fact that eBay does not provide an option for sole proprietors to enter an EIN instead of a social security number. This new rule took effect in 2022, following the Internal Revenue Service (IRS) rule. S. I don't mind providing them with a photocopy of my "real" ID. Hello ----, Nov 26, 2024 · The IRS requires eBay to withhold 24% tax on payments eBay makes if: 1. This is an important step as payments of your earnings will be processed only after the tax information is provided to ePN. *This is a highly moderated subreddit. If you’re selling to buyers outside the US, you should inform them about the potential import charges they’ll need to pay when they receive their item. *Read the FAQ and the rules before posting. See full list on ebay. It is intentionally curated on a quality-vs-quantity basis. Please contact EBAY to see what Missouri sales you had 2017 – 2022 so sales tax can be filed. Nov 26, 2024 · The IRS requires eBay to withhold 24% tax on payments eBay makes if: 1. I have MULTIPLE accounts on eBay, all with IDENTICAL business info, and only the one account received this message. Tell him to download his order to a csv, and find the new field that lists the csv number. EBAY did not begin collecting and remitting sales tax for Missouri until January 1, 2023. . As an Etsy seller myself, we have to ask for contact numbers for international shipments as our courier won't allow us to book the shipment without one. For tax year 2024, if you have over $5,000 in combined payments between the two accounts, you'll receive a separate Form 1099-K for each account. In general, selling personal items is not taxed if they’re below £6,000 and you’re not selling as part of a business. We’ll only use this information to verify your identity and to comply with applicable laws, including those related to consumer protection, online platforms Prior to the INFORM Consumers Act becoming effective, you’ll be able to certify whether you’re eligible for an exception. I sold a tablet last night and now eBay decides it wants ID I've had the account since 2010. The 24% tax taken from future payments to ensure the IRS receives the tax due is known as backup withholding. Recently, eBay moved the CPF information, and it’s nearly impossible to find as a seller. In your response, you stated that you are not required to file, because EBAY is already filing sales tax on your behalf. In other words if you are not registered. It is asking for the seller's information (name of seller, sellers address). We can't split the form between multiple tax ID numbers for the same calendar year. I messaged my customers for a couple of weeks until I found it. Oct 15, 2023 · eBay sellers must provide their social security number (SSN) upon signing up on eBay. number) attached to my account does not match their records. I just applied for a sellers permit (since that is a required resale # on the SST form). No buying-related questions. Buyers please visit r/ebay. Oct 23, 2024 · As eBay will issue the 1099-K with the information that was provided when a seller registered their account, one needs to make sure that the name on the account matches the name on a seller’s Tax ID and Federal income tax return. You can either hand over your ssn or register as a business and hand over your tax id number but you have to give your ssn to register as a business anyways. We would like to show you a description here but the site won’t allow us. Dec 8, 2021 · Some sellers have received a confusing message from eBay stating the IRS says their tax payer ID number does not match what eBay has on file and requiring a W9 form to be submitted or else they may have to withhold up to 24% of the seller's funds. The more I look at the form, more of the form seems straightforward, but one part confuses me. com Sep 20, 2024 · eBay Partner Network is required to collect tax forms from our partners. 2. You are a time waster to them and they don't want you wasting their time. *New visitors please use the 'weekly open' thread or your post will be deleted. It’s a scam. We’ll only use this information to verify your identity and to comply with applicable laws, including those related to consumer protection, online platforms Mar 2, 2023 · People who use eBay are being asked by the popular bidding company for their Social Security numbers ahead of a recent adjustment to an Internal Revenue Service rule. If you complete 30 or more sales transactions on eBay. Jan 1, 2024 · At the moment ebay do require verification once sales reach an (undisclosed) amount and even that results in sellers asking others whether this is legal, and how they protect their info, some sellers even flounce and leave rather than provide proof of ID, Ebay are obviously aware that they potentially have a high number of undeclared businesses Mar 3, 2023 · Today I received a message from the seller asking for a tax number or ID number, this is at the request of the courier FedEx. Either give it to them or forfeit your $8 and never sell on eBay again. If we determine you don’t qualify for one of these exceptions or if you’re not responding to buyers within a reasonable amount of time, we may need to include your full physical address in purchase order confirmation emails and order details. Dec 13, 2021 · I received a red banner alert in Seller Hub stating that eBay has been notified by the IRS that the tax ID number (S. It came via legit email and within eBay messages. Affected sellers are still struggling to get information and assistance from eBay on this issue. Most people don’t have a tax id number, so they use their social security number. When you sell on eBay, you’re responsible for complying with all applicable tax laws. The IRS notifies eBay that the seller’s name/TIN combination does not match the IRS records. Do not give him that info. The helpful MSE guide goes on to assure anyone using eBay, Etsy or other similar sites that firms will only pass on data to HMRC automatically if you're selling 30 or more items a year and have Wholesellers see people without Tax ID or EIN as you see those buyers on ebay who message you and offer 15USD for something that you are selling for 100USD. Sellers & selling only. If you haven’t already given us your Social Security Number (SSN), Employer Identification Number (EIN), or Individual Tax Identification Number (ITIN), we’ll ask you to provide it. Dec 8, 2021 · UPDATE 12-9-21. The seller has not provided a valid TIN to eBay; or. : Your seller payouts are on hold and some services are blocked — update your account and do more with eBay. kidye antml iedaz xbwtii uhqm wrwbosa kehy zcm qbgh ouil