Weird prompt to "update" my tax i.d. number, which they already HAVE

[gurlcat]

Last night when I logged in to print a label for an item that my phone said had just sold, I had an alert banner across the top of my home page, stating that I must provide my tax i.d. or SSN, for the purpose of 1099 IRS reporting. 
Okay, now I was in the March 2021 batch of sellers forced onto MP, I knew it was coming so I had gotten a stupid BAM bank account, and didn't hesitate to provide the account number and my SSN, then go along with the bank account verification process, to get onboarded as quickly as possible to resume getting my money as quickly as possible.  Then over a month later, after totally smooth sailing with regard to payments, I was inexplicably required to do the account verification all over again, which put my payments on hold for several days again, for no apparent reason.  
When I typed in my SSN  AGAIN last night, the resulting window thanked me and said it may take up to 2 days to verify it, before my payments will resume depositing.  Now, since it's the weekend I would already be waiting until at least Monday for my next (daily) payment, but I have a bill I really need to pay on Monday, so I'm going to be P.O.'d if I can't because of this fresh hot rubbish. 
 I recently heard a discussion on some video about people being ignorantly upset about income over $600 being reported to the IRS, because they thought it meant their Covid relief checks would get taxed.  But I knew that there was (at least) reason why the $600 figure has some significance, because it's the minimal amount of (annual) income, of any kind, that is supposed to be reported to the IRS.  The reason that number is mayyyyyybe relevant is that the item I sold yesterday was $675.  It's not the only item over 600 that I've sold this year; I remember another for over 1000, but it was so far back I can't recall if it was before or after my March onboarding to MP.  
ANYWAY,  regardless of whether this sale had anything to do with it, why on Earth would Ebay require a seller to give their tax i.d./SSN on a random night in November, hamstring their payments and all, when they already HAVE it, and it's about the most unchangeable number that can ever be affiliated with an American citizen's name, so it's not like I might have a different one now. 
Anybody else ever get this, or know why? 

[gurlcat]

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@mam98031 wrote:

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@gurlcat wrote:

I know all that, I just thought there might be some kind of correlation between the tax i.d. update and the >600 sale that immediately preceded it.  Probably had nothing to do with it, but I couldn't help but notice the numerical coincidence.  

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If Ebay has requested your full SSN it is because of the 2022 threshold change for the 1099K.

But no it did not have anything to do with your prior sales of 600.

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Right, but like I said they already had my full SSN from when I onboarded to MP months before.   

[mam98031]

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@gurlcat wrote:

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@mam98031 wrote:

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@gurlcat wrote:

I know all that, I just thought there might be some kind of correlation between the tax i.d. update and the >600 sale that immediately preceded it.  Probably had nothing to do with it, but I couldn't help but notice the numerical coincidence.  

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If Ebay has requested your full SSN it is because of the 2022 threshold change for the 1099K.

But no it did not have anything to do with your prior sales of 600.

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Right, but like I said they already had my full SSN from when I onboarded to MP months before.   

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For many sellers they only had the last four digits.  It is hard to say what they want sometimes.

[dolphin1239]

Ebay has asked me to provide my TIN at least 3 times (in the last few months!). Each time I provided the full TIN. Then a month or two later, boom, here comes another request. Meanwhile payouts are on hold.

This seems like a way for ebay to hold on to your money until you verify the TIN (that they ALREADY HAVE). Ridiculous.

[mam98031]

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@dolphin1239 wrote:

Ebay has asked me to provide my TIN at least 3 times (in the last few months!). Each time I provided the full TIN. Then a month or two later, boom, here comes another request. Meanwhile payouts are on hold.

This seems like a way for ebay to hold on to your money until you verify the TIN (that they ALREADY HAVE). Ridiculous.

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Ebay doesn't benefit by holding your money.  The do NOT earn interest on held funds.

[kh-gary]

Hi everyone,

Due to the age of this thread, it has been closed to further replies. Please feel free to start a new thread HERE if you wish to continue to discuss this topic.

Thank you for understanding.