As a result of changes to federal regulations, Amazon Payments requires that you provide your tax identity information.
|
To verify your identity and ensure compliance with federal and state regulations, please provide your full 9 digit Social Security Number
|
|
| *Social Security Number | |
“Beginning with the 2011 tax year, new IRS regulations require Amazon Payments to file a Form 1099-K for persons who exceed $20,000 in unadjusted gross sales and 200 transactions in a calendar year.”
I have not exceeded $20,000 in unadjusted gross sales and I doubt that I have had 200 transactions in my life time I use it very rarely. WTF? I guess I will find out what happens if I don’t comply, won’t I? Rat Bastards!