Done selling on eBay, they are demanding my social security number to sell


They are forcing everyone into what they call "Managed payments" that requires  you to give them bank account information and your social security number. Looks like I'll be selling here from now on. I know I gave it to PayPal years ago so they have it, but I'm done giving it out. I called and the rep told me they are legally required to have it in order for me to sell. That is a load of crap.
herman

Showing 1 response by riaa_award_collectors_on_facebook

Wrong Jiggy.  Starting next year you will get a 1099 from EBAY if you sell more than $600 worth of stuff. Its not Retroactive. As of right now the only way you will get a 1099 is from PAYPAL if you took in more than 200 payments a year AND hit the $20,000 Threshold. You must hit BOTH those numbers.....so if you sold 150 items and got $50,000 in revenue your safe