Etsy freezes some sellers' accounts due to tax update!


Author:Wang Meirong
Source: ennews

Recently,EtsyAccording to the announcement,They have to check or update their taxpayersofID and address, otherwiseSome sellers's account may be frozen in January. But,according toSome sellerscallEtsy Actually earlyIn the shopping seasonAlreadyFrozen theiraccount


In this regard,Etsy suggested sellerfromFrom January 2022, stores without taxpayer information willfacefrozen. To ensureconsumer's sales experience and payment will not be disrupted,The seller must meet the deadlineUpdate or check the taxpayerofID and address

E-commerce platform Etsy freezes some sellers' accounts due to tax update!


It is understood that,Etsy cited new tax regulations requiring it to report payments in excess of $600 that it processed on behalf of sellers starting in the 2022 tax year. At present, payment processors such as Etsy and PayPal must issue IRS forms for sellers who handle more than 200 transactions, total amountAt least20 thousanddollar


buthavesellerWednesday said, they did receive an email notification, but the sellerTrouble updating your account。 The seller was very confused and doubted whether he hadTax IDHasList is disabled


According to the seller, heAlready inEtsyOn salea year,butFor some thingsNot very familiarSeller inReceived tax emailafter, go findI made myselfAnd updatedownofEIN number, but EtsystillIncorrect and frozenIts stores. After the event, the sellerUpdatedown SSN, everything was back to normal


Other sellers said that theyAll accountsAre allEtsyDisabled. The seller was very helpless and didn't know who he wasWhat else can we do in this situation。 The seller is expectingEtsy reply as soon as possiblehisE-mail. The above two sellers are not the only ones whose accounts have been frozen. Other sellers have experienced similar situations. One seller said that sinceAlready inEtsy has not had any problems for 10 years, until now.


It is reported that at presentEtsy sellers have not received the corresponding support and any reply. Although some sellers with frozen accounts have provided some experience, this will not help all sellers.

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