eBay system has a bug, and many sellers received incorrect tax forms

eBay system has a bug, and many sellers received incorrect tax forms

According to foreign media reports, recently a large number of eBay sellers said that they received 1099-K tax forms from eBay , but they have never sold any items on the eBay platform. The current situation seems to be that eBay has made some mistakes in taxation .

 

eBay seller " better_night47 " posted on the forum: " Yesterday I received a 1099-k tax form from eBay , but the problem is that I have never sold any items on eBay. According to the tax form, the total amount of payment/third-party network transactions in June and July 2021 was $822.48. I checked my transactions in those two months and I made four purchases totaling $360 , but did not sell or offer any items for sale on eBay . So I don't know why I received this form. Is this a scam? "

 

After netizens asked for more information under the post, the seller said that the Seller ID in the "PAYEE'S TIN" field and "Account number" in the 1099-k tax form did not match his information . Some netizens said that eBay might have linked the seller ID that should have received the tax form to the wrong name and address.

 

Under this post, many people said they encountered the same situation, and even some people who did not even have an eBay seller account received a 1099-k tax form. Netizen " meghadal_0 " said: "It happened to me today! I don't have an eBay account and have never sold anything. It says that all transactions took place in September. But my name is on the tax form."

 

Another person said that although they had never sold on eBay, all the information reported on the 1099-K was accurate , except for the amount of payment received through eBay . He also said that he had contacted eBay , and eBay told them that due to a system error, the wrong 1099-K form was sent to some users , and it is expected that the corrected 1099-K can be sent to customers and the IRS within 7-14 business days .

 

As of Monday evening, no eBay moderators had addressed the issue on the forum bulletin board, and eBay had not posted anything on its bulletin board , which has upset many eBay customers . Although some people claim that they can ignore the incorrect tax form when they receive it, the fact is that these official documents submitted to the IRS are difficult to ignore .


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