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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
jiggygirl
5 posts
 
Have any of you noticed that eBay now charges sales tax on every sale? That’s why they want your SS#, so once they turn that info over to the IRS, you have to pay back all sales taxes you’ve received. Correct?
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riaa_award_collectors_on_facebook
979 posts
 
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
jiggygirl
5 posts
 
Hardly. I might sell $400 in a good month. I’m off eBay now, they don’t need my personal information with all the hackers out there.
herman OP
2,216 posts
 
 you have to pay back all sales taxes you’ve received. Correct?

no, you never receive it.. they collect it from the buyer and send it to the states.. it does not come to the seller


jiggygirl
5 posts
 
It has been coming to me. It’s included in each payment I’ve received. That’s how I noticed I was getting more on the final payment than I expected.
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