You actually have to pay the site to accept your clothes. This does not drive our decision as to whether or not a product is featured or recommended. Ive tried every way to reach them but there is NO customer service number or email address to contact them. Promotions and discounts will not be reimbursed Conversely I have only positive experience buying from the site. I dont know because nobody at ThredUp ever replied to my question about it. I contacted customer support so they could look into it. freelancer or independent contractor less than a total of $600 for the year, you are not required to send them a 1099. When I asked them to provide me the email they sent - they went quiet. The first year she used Mercari, Heltke didn't know that, and she received a 1099 on which she owed taxes. It is important to know that Canada is limited to purchases from . All items are subject to a $1.99 restocking fee In April 2022 I made two orders with ThredUP using my new debit card number. According to the company, item payouts range from 5% to 80% of the listing price, and higher-end brands get you a higher percentage of the payout. 3.8 670 Reviews. When the business reports other income, such as rents, royalties, prizes, or awards paid to third parties, it uses Form 1099-MISC. thredUP keeps track of all incoming clothing to sell through their $10 Clean Out Kits. The. Like many clothing retailers, ThredUp saves some of its biggest deals of the year for Thanksgiving weekend (Black Friday to Cyber Monday). Desired outcome: They were able to track the order but there is no refund or return record.. Examples of payments requiring backup withholding are: Payments excluded from backup withholding are:: Here are the answers to some common questions about when 1099s are required to be issued. Quality 575. Read all about my experience with this secondhand fashion website here. Desired outcome: Theres no doubt Ebay is still hands down the best for making a profit but you have to do all the hard work which is no good for the time poor. When does Robinhood send 1099? FedEx Tracking ID [protected]. A large plastic bag with the return address already on it will arrive in your post within a couple of weeks. The clue is in the title. I finally decided it was best to just lay all the information out there and let you decide for yourself whether or not thredUP is the best route for your gently used clothes. Well, here are the steps I go through with a . Fill a bag with women's or kids' clothes from brands like Lululemon, Zara, J. If your total payments are less than $600 for the year, no 1099 is required. Items matched an overstocked category. What happened to the rest of my things? Monise S. Definitions. I would like to be able to use the store credit or have the money returned to my account. The stuff they rejected. You issue 1099s to vendors who do work for your business during the tax year. I usually get about $40 a box and I then treat myself to something special like a nbtand name jacket or dress. When you hire a freelancer through a third-party service, you are not required to send a 1099. If you've ordered a bag from thredUP.com, it's already "activated" and associated with your account. If a business fails to timely issue a 1099, the IRS can impose penalties. Download and Submit 1099 Forms "Employer: Copy 1 & Copy C" and "Contractor: Copy B & Copy." If you locate the View forms button, you'll only get Copy A that we sent to the IRS. WAIT FOR AN INCREDIBLY LONG TIME.It took ThredUp two months to process my bag. When your items sell you have the choice of credit to shop or cash out. Relax! Now can't get a response at all. [protected] Hi Indulekha Your return has been processed. Have you tried selling your clothes as a bundle on Ebay? I have been stashing away some of my better brand, lightly worn clothing for resale and was considering ThreadUp. Schedule the USPS or FEDEX to collect the bag free of charge or you can drop it at one of their locations if thats easier. If it looks like you have to pay for a label, just search "Give Back Box print free shipping label" on Google or simply click here. Emailed them a second one because they hadn't answered the first. (See attached photo) I was beyond stunned, and almost wish I checked the box to return it back to me. Benefits information above is provided anonymously by current and former thredUP employees, and may include a summary provided by the employer. Learn more. Perhaps The Real Real or Vestiaire Collective is better when it comes to this type of selling? * You did work for your neighbor and made repairs of $1,000. When you reimburse them for those expenses, it is not income, and you are not required to file a 1099. For example, if a business hires a freelancer for a project, it's important they send a 1099 . If you continue browsing we consider you accept the use of cookies. Yes. No, not unless you pay for the option, which is $10.99 (April 2020 pricing). I want my boots back or I want the replacement value reimbursed to me. Consumers satisfied with thredUP most frequently mention great condition, good quality and polka dot.thredUP ranks 3rd among Used Clothing sites. I want my items returned or paid the equivalent of what I lost because of their inability to handle incoming merchandise. ARE INFLUENCERS PART OF THE FASHION PROBLEM? Total scam. Send any items that fit the current season and set non-season items aside to ship at a later time. 10. It's not for lack of trying. I never got a refund so I checked the site. "I blew it; I made too much money," she said. i would like to talk to the customer service representative, Read full review of thredUP and 1 comment, I would like to be able to use the store credit or have the money returned to my account. The 1099 form is officially known as a 1099-MISC form, with "misc" standing for miscellaneous. Fortunately, the IRS always provides the dates in General Instructions for Certain Information Returns. A builder is generally considered to be a contractor, and payments to contractors are not reportable on a 1099 (with a few exceptions). When it's famed polkadot bag arrives on your doorstep, you simply have to fill it with your unused clothes and send it back to thredUP for free. Desired outcome: Their follow-up on clean out bags is terrible. Your email address will not be published. Especially for those looking to recycle clothing en masse in an urban area (particularly if you do so regularly or without access to a car), it's a great option. I got my mother of the bride dress on thredUP and formal wear has unbelievable low prices. For the 2020 US tax season, Coinbase will issue the IRS Form 1099-MISC for rewards and/or fees through Coinbase.com, Coinbase Pro, and Coinbase Prime. What is blatantly clear from this 15 second story is the condition, quality and relevance of the items I sent. Filing Form 1099-K. 16 Followers. If youre like me and find yourself with more clothes in your closet and dresser than you actually need, you might be looking to cash in some of those higher-value items and thredUPmight be one way to go. Its an excruciating length of time to wait if you need the money plus youre paid as and when something sells, not in a lump sum. Kind regards, Life, Home, Money, Fashion and Everything else as a Family of 4, April 19, 2017 By Maria Gavin - 106 Comments. They do all the heavy lifting by listing photographing, marketing, and handled the commerce of your items. Said it was delivered on Aug 31at 2:53pm. I would like my money sent via the paypal I have set up through their website, Refund not issued to my credit card as stated in your policy, refund return amount to my the credit I used for my purchase. UPDATE: its been close to 2 weeks and they say they have not received them. But my favorite may be thredUP's donation program for its ease and benefits. thredUP store credits will be refunded back to your account 5-7 days after thredUP has received your return order, while credit card refunds can take an additional 3-5 business days to be refunded. The commission scale the company currently uses is as follows: For items priced at $5.00-$19.99, Thredup takes a commission of 85-95%. they closed over the holidays and I couldn't start a return--now they won't let me return my order. Then, since I sent in some relatively high-end items using the Standard option, I waited to see if ThredUp would list or responsibly recycle them (I chose not to have them sent back if they weren't sold). Finito. Buying secondhand clothes and shoes is a brilliant way to keep your fashion sustainable and reduce your carbon footprint. If your neighbor is not a business or trade and your services were for their personal purposes only, your neighbor does not need to provide you with a Form 1099-NEC. You never know the bad policies of a site until something goes wrong. I've given this site three chances to prove themselves, but I've come to the conclusion they're just a money laundering site at the customers' expense. Keep in mind that I had followed all of the instructions that came in my Clean Out Kit and sent summer clothes to thredUP in August. General. The 1099 is issued to the payee and also sent to the IRS. I returned some items and Thred up processed the return, minus restocking fees and contacted me via email of the return amount and successful receipt. Desired outcome: In this case: If a business that pays you doesn't issue a form 1099-misc, it's not your responsibility to make them follow the rules. DO NOT SELL TO THREDUP. And if every bag is a $5 donation rather than by pound, you could theoretically send in a few bags if your items could fit in two as easily as in one. Although the fact they do makes buying from them a completely different experience. Filed Under: Money Tagged With: clothes, money. This is our story. You can also earn shopping credit at a favorite store for cleaning out your closet. But, the IRS counts that amount as income to you, and the lender will send you a, When corporations undergo substantial change or ownership control, sometimes, they send the stockholders cash, stock, or other property as part of the restructuring. Oh well lesson learned I guess? Then, as of August 28, 2018, the thredUP restocking fee was made permanent, so now for any item under $50 you return, you'll receive the full amount back in cash or credit, minus $1.99 per item. 1099s are information returns, and often the person or company filing them does not withhold taxes from these types of payments. I want a a refund or my shoes! My account is locked, @ need to up date [protected]@number my new email is josette [protected]@gamail.com my number is [protected] josette clark my Ole email was josette clark [protected]@ yahoo.com I don't have that anymore thanks. From this haul, they accepted 13 items which is only 30% of the bag. That's the name of the actual box on the 1099 form where you will officially fill in the amount you are claiming. Rob's a self-proclaimed nerd, Maria is a fashion-conscious stay at home mama, Dessa the super-silly big sister and baby Harvey makes us a family of four. Then I got this email from them to 'clarify' the situation: Which means that they take unused clothes, and sell them for a profit. Form 1099 indicates that you are self-employed / independent contractor. I guess pricing depends on the individual sorting through the bag? But the IRS lists several exceptions to this general rule, including how much you paid and whether you are in a trade or business.
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