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ninjass998
Returning Member

You need to complete a W-9 form in order to sell past $600.

Selling idle items on second-hand trading platforms requires filling in W-9

You need to fill out a W-9 form to sell items over $600. How to fill in this?

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6 Replies
KrisD15
Expert Alumni

You need to complete a W-9 form in order to sell past $600.

Form W-9 is submitted to the company that is handling the transactions and paying you. 

It gives them the information they need to issue Form 1099-K (or 1099-MISC or 1099-NEC) to you for the tax year. 

You can print a W-9 and fill it out. 

If you are an individual, you won't have an EIN (Employer Identification Number), so will need to report your Social Security number to them (or file as a Self-Employed Taxpayer / Sole Proprietor and get an EIN for security reasons) 

 

W-9

 

Apply for EIN 

 

 

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ninjass998
Returning Member

You need to complete a W-9 form in order to sell past $600.

I am self employed. Is it possible to submit W-9 online

ninjass998
Returning Member

You need to complete a W-9 form in order to sell past $600.

I am self employed. How to file W-9 online

MarilynG1
Expert Alumni

You need to complete a W-9 form in order to sell past $600.

Contact the company you need to submit the W-9 to to see how they want it submitted.  They may have a online link for you to use.

 

@ninjass998 

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ninjass998
Returning Member

You need to complete a W-9 form in order to sell past $600.

Yes when I received this letter there was a link attached.
You need to submit your name, address, SSN/itin. and then choose to submit online or by mail.
Can I just submit it like this?

HollyP
Employee Tax Expert

You need to complete a W-9 form in order to sell past $600.

It's best to verify with the company asking for the W-9. TurboTax doesn't include the W-9, as it isn't filed with the IRS. Just download it from the IRS website, print it out, complete it, and then give it to whomever asked you to fill out a W-9.

 

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