Mercari W9 Tax Form

Mercari W9 Tax Form – Why is mercari requesting my tax identification information? Use form 1042 to report tax withheld under chapter 3 on certain income of foreign persons, including nonresident aliens, foreign partnerships, foreign corporations, foreign estates, and foreign trusts. See the instructions for form 1042 for details. One of which is mercari.

And taxing authority during tax season. But, just because mercari doesn't report it doesn't mean you're not supposed to. If you made $20 even you're supposed to report it. But mercari doesn't report your sales to the irs unless you sold $20,000 or more or had 600 or more sales (i believe it's 600 or more sales).

May choose to limit your account at a threshold lower to make sure you don't go over that amount without providing your w9. If your mercari sales are over $600 you would have to get the form and then with your taxes you would declare your actual profit/loss on a schedule c when you file your taxes using the. Also use form 1042 to report tax withheld under chapter 4 on withholdable payments.

W9 r/Mercari