mam98031 • Volunteer Community Member • Buyer/Seller since 1999
@lazy7 wrote:And I can assure you, that when I signed up for paypal back in 1998, my ssn was not given to them. Not sure when you signed up, but no way does paypal have this.
And this is a travesty of ebay wanting ss numbers. Social security numbers are for social security purposes only, as far as I know, ebay is NOT not a banking institution either, it's a selling platform that uses outside payment options for the completion of sales.
Quite possibly , they might be over stepping their boundaries by asking for ssn's.
That is very true. It wasn't until about 2008 that they required it. You had to give it to them to continue to use PP on Ebay. IRS required them to have the SSNs when they implemented 1099K's.
When you go to your PayPal account options, you're all suggesting that the field for "SSN" is blank? You don't have to answer. You don't have to post a snippet, like I have. You just might want to confirm to yourselves that you've made an accurate statement in this thread.
@disorderlieder wrote:Considering they can't fix their website for years, I don't trust them with it. I never sent that to Paypal.
"Does PayPal Require SSN? PayPal requires SSN because if you sell and use PayPal, you must add an SSN or your EIN (federal tax ID number) if you sell over $20,000 per year, AND record 200 selling transactions annually, whichever happens first. ... PayPal requires Social Security Number to verify your identity."
@mam98031 wrote:
@lazy7 wrote:And I can assure you, that when I signed up for paypal back in 1998, my ssn was not given to them. Not sure when you signed up, but no way does paypal have this.
And this is a travesty of ebay wanting ss numbers. Social security numbers are for social security purposes only, as far as I know, ebay is NOT not a banking institution either, it's a selling platform that uses outside payment options for the completion of sales.
Quite possibly , they might be over stepping their boundaries by asking for ssn's.
That is very true. It wasn't until about 2008 that they required it. You had to give it to them to continue to use PP on Ebay. IRS required them to have the SSNs when they implemented 1099K's.
Correction, that should have read 2012, NOT 2008. Sorry!
@lazy7 wrote:And here we go.
And yet this is what I see when I highlight your nickname.
13.8KHELPFUL7.8KPOSTS165SOLUTIONSMember Since 2-19-2018 ************************************************************************************************Last Visited 12-12-2020 03:21:57AM
What you see on the forums is when they joined the forum, NOT Ebay. You have to look at a members feedback page to see when they joined Ebay.
@lazy7 wrote:And I just sell here and there, I run no business, have no tax i.d. number and certainly don't make 20,000 a yr or have 200 sales. This year I only sold 3 items.
Ebay is not my source to make a living , I just use it as it was originally intended, basically a nationwide auction garage sale for **bleep** in my closet I'd like to move on. 😉
I get that. There are lots of sellers on Ebay that sell like you do however that makes no difference. SSNs are required.
Every single transaction on Ebay is a business transaction even if you are a literal business / company. There are no personal transactions on Ebay. And all sales on the internet is suppose to be claimed on your Federal income tax return as there is no minimum threshold by IRS for that either. Certainly you get to offset that by your costs of selling the items too. So someone that is a casual seller isn't likely to have any tax impact to them, yet they still need to include it on their tax returns.
Money processors can't determine in the beginning if you are a seller that will hit the minimum threshold for the 1099Ks which is why they collect the SSNs up front. It would be dangerous for them to wait to see if you get close and then start asking you for your SSN because if you passed the threshold and still didn't comply, it would me the money processor that would pay the penalty to IRS for not being able to file the 1099k.
Ebay does not have to be your "source to make a living". That doesn't play into the requirement at all.
@disorderlieder wrote:I signed up to Paypal like 19 years ago.
As did I. But in or around 2012 PP REQUIRED sellers to update their accounts with SSNs.
![Video [Russian Language]: Answers to common Payoneer registration issues](/t5/image/serverpage/image-id/750612i41F587DBC26EF24C/image-size/large?v=v2&px=999)
