Ebay selling/getting paid question

[whiteymet]

Hi Gang:

I seldom sell on eBay. However I did have a recent sale and I received an email from eBay asking for "new" personal information. See email below.

My basic question is it says this updated info must be provided by August 19, 2025. So will I get paid for this sale without updating the info now?

I want to get paid now without giving them my SSN etc. and hopefully put off giving the info till August.

Have any of you been through this to provide guidance?

Thanks, here is the email from eBay:

Congrats on your recent sale! We wanted to let you know that in order to receive payouts, you’ll need to update your account details. This information helps us keep our marketplace safe.

Provide or confirm the following:

Payout information
Date of birth
Social Security Number (SSN) or Individual Tax Identification Number (ITIN)
We'll only use this information to pay you, to verify your identity, and for tax and consumer-protection purposes. This information will be encrypted and stored securely.

Please make sure you update your account details by Aug 19, 2025 to avoid account restrictions and further payout delays. Once you've made the requested updates, we'll verify your information, process any pending payouts, and you'll be good to go.

[raulus]

Hi Fred:

I’m not 100% sure. They obviously need this detail for tax reasons, but it’s not clear to me whether they will hold up your payment on this transaction until you provide it.

I tend to be a lot more active selling on eBay, so when they asked for it, I just gave it to them. But I’m sure you have important reasons for wanting to delay.

[Musashi]

Originally Posted by whiteymet

Once you've made the requested updates, we'll verify your information, process any pending payouts, and you'll be good to go.

Seems pretty clear that they are waiting for that information before processing payouts.

[packs]

Doesn't a vendor only need information like this if you surpass a certain thresh hold in sales and require tax documents for your return?

I don't casually give out my SSN and wouldn't really have any reason to. I make sales in the hundreds of dollars a year, if at all.

[packs]

double post

[Jewish-collector]

They need it for tax reasons. If you go above the threshold (depends on your state), they issue you a 1099-K

https://www.taxpayeradvocate.irs.gov...099-k/2025/02/

[whiteymet]

Originally Posted by Jewish-collector

They need it for tax reasons. If you go above the threshold (depends on your state), they issue you a 1099-K

https://www.taxpayeradvocate.irs.gov...099-k/2025/02/

Hi Guys

to answer some questions... I have been on eBay since 1998. I sell so little I have not nor will I exceed the threshold

I KNOW why they want the info. My question is will I get paid now before August if I don't provide them with my info? Why would they say they need it to pay me then say they don't have to have it till August?

[jayshum]

Originally Posted by whiteymet

Hi Gang:

I seldom sell on eBay. However I did have a recent sale and I received an email from eBay asking for "new" personal information. See email below.

My basic question is it says this updated info must be provided by August 19, 2025. So will I get paid for this sale without updating the info now?

I want to get paid now without giving them my SSN etc. and hopefully put off giving the info till August.

Have any of you been through this to provide guidance?

Thanks, here is the email from eBay:

Congrats on your recent sale! We wanted to let you know that in order to receive payouts, you’ll need to update your account details. This information helps us keep our marketplace safe.

Provide or confirm the following:

Payout information
Date of birth
Social Security Number (SSN) or Individual Tax Identification Number (ITIN)
We'll only use this information to pay you, to verify your identity, and for tax and consumer-protection purposes. This information will be encrypted and stored securely.

Please make sure you update your account details by Aug 19, 2025 to avoid account restrictions and further payout delays. Once you've made the requested updates, we'll verify your information, process any pending payouts, and you'll be good to go.

Originally Posted by whiteymet

Hi Guys

to answer some questions... I have been on eBay since 1998. I sell so little I have not nor will I exceed the threshold

I KNOW why they want the info. My question is will I get paid now before August if I don't provide them with my info? Why would they say they need it to pay me then say they don't have to have it till August?

Fred, based on the part I put in bold from what they sent you, my best guess would be you won't get paid until you provide them the info they need. As to why they don't need it until August, I guess they figure they're in no rush to pay you if you're in no hurry to get your money.

[Jewish-collector]

Originally Posted by whiteymet

Hi Guys

to answer some questions... I have been on eBay since 1998. I sell so little I have not nor will I exceed the threshold

I KNOW why they want the info. My question is will I get paid now before August if I don't provide them with my info? Why would they say they need it to pay me then say they don't have to have it till August?

You probably won't get paid until you provide the info. Even though you won't go above the threshold, in their eyes they need the info in case you go above it.

[Balticfox]

Originally Posted by whiteymet

I seldom sell on eBay. However I did have a recent sale and I received an email from eBay asking for "new" personal information.

It does indeed sound as if Ebay wants to provide the IRS with information. When did you first register on Ebay?