New ebay payments require SS#?


I received an email from ebay and they now will deposit your amount from a sale directly into your bank account.  So, they require your routing and account numbers.  But they also required my SS number, which I'm not sure I like.  They say the purpose is to comply with government regulations.  Is there any reason to think they would transmit the amount of your sales to the irs and issue you a 1099?  I only occasionally sell used items on ebay and don't consider any amount I receive to be taxable income.  Thoughts? 
mtrot

Showing 2 responses by czbbcl

It is not a sales tax issue but the linking (routing number & account number) of my Bank Account with my ebay account. 
They have asked me for the same information saying that if I don't comply I may lose my rights to sell on ebay. I refuse to comply and I am going to cancel my account. FYI I just recently had a sale the buyer paid using their new system and they will not release the funds until I give them the information.  Not Happening too much scamming going on with ebay. 

Chuck