Please try again. I would like my money back. Thanks for that love xx. I would love my refund but more I would like to see this company shut down for fraud. If you make payments personally and not for your business, you are not required to send a Form 1099-MISC. 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. We are so glad you stopped by. Funny how I can receive an email asking for my feedback on how a customer service rep assisted me when I never received any contact from anyone to address my issues. It was only 30 days past the year so I asked them to convert back and they said it's not possible. 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. Top Coupon: $10 off all Purchases. Every year, we send a 1099-G to . When does Robinhood send 1099? You then choose whether to pass on your unsold items to charity or have them returned to you for a small postage charge. If you're going to receive a 1099 form from Robinhood, these will be issued in mid-February for the preceding tax year. Despite having a type-A personality, I wouldn't call my closet particularly well-organized. We have a lot to share. Its a pittance to be precise. A 1099 for independent contractors has no employee benefits or employer contributions. Click here to get notifications about new complaints of thredUP. I returned them the next day and was charged $2 each as a "restocking fee". We promise not to send you any unrelated messages, Click here if youd like to unsubscribe from notifications about new complaints of thredUP. 1099s need to be issued to single-member LLCs, partnerships, sole proprietors, unincorporated contractors, and freelancers if you paid them more than the yearly threshhold. Or perhaps the seller altered the price in a cheeky attempt to make the necklacecovetable? When I made a complain on their portal someone apologize and stated that I will get my money back, that was back in Share your photos and videos with others to prove the truth of your words. I ordered a pair shoes ASOS: SHOES which were listen as a Size 5. Even worse, your clothes will not automatically be returned to you if ThredUP does not accept them. If you can't bear to let go of your items, you have the option of having thredUP return the items to you for $10.99. Why ThredUP I second your complaint, I would like to talk with a customer service person. I would like my money sent via the paypal I have set up through their website. There is no way to return these for "not as described" as I would lose my shipping charge and this BS $1.99 restocking fee. Monise S. Finito. The penalty amount depends on how long past the deadline the business issues the form. Access your favorite topics in a personalized feed while you're on the go. I would love my refund but more I would like to see this company shut down for fraud. Desired outcome: email from Thred up of return processed: CAN FASHION DO MORE THAN JUST BE SUSTAINABLE? I have no gift card and no money now. 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. Which I received, however, although they are stamped on the bottom of the shoe as a Size 5 and it was listed as 5 in your on-line and on the bottom of the shoe. Now can't get a response at all. I personally think it's not the best business decision, since I think it makes most people less likely to pull the trigger on making a purchase at . Desired outcome: Signing Up For ThredUP Verify or enter missing email addresses for your contractors so that we can send access to view their 1099 forms online. As you can see, the rules can be confusing - and sometimes far from clear cut. Whenever you have an issue with your order, we recommend reaching out to us directly and we will be happy to make it right for you and refund it if necessary. Which means that they have to make a profit from the $50 blouse you send their way and the only way to do that is by offering you less money for your blouse than its actually worth so that they can resell it at a higher price, pay their bills, and earna few bucks for themselves. 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. It's not for lack of trying. Suppose a business intentionally disregards the requirement of providing a correct payee statement. thredUP has a consumer rating of 3.17 stars from 5,867 reviews indicating that most customers are generally satisfied with their purchases. You must select this option before you send in your bag. You can find them in the tax documents section of your Robinhood account. Value 630. If you paid an independent contractor more than $600 in a financial year, you'll need to complete a 1099-NEC. If you've ordered a bag from thredUP.com, it's already "activated" and associated with your account. I like it and it is nice to get alittle something back with all the money on clothing. Believe it or not this dress and likewise many other items were rejected by ThredUp. You actually have to pay the site to accept your clothes. The grand total I made off ThredUp was $35.46. How hilarious is that? Desired outcome: Crypto.com may be required to issue to you a Form 1099-MISC, Miscellaneous Income, if you are a U.S. person who has earned USD $600 or more in rewards from Crypto.com during the previous calendar year from Staking, Earn, Referrals, or certain other activities. Like many clothing retailers, ThredUp saves some of its biggest deals of the year for Thanksgiving weekend (Black Friday to Cyber Monday). For more than 15 years we have helped nearly 50000 customers resolve their issues and will never stop striving to ensure further improvements on our platform for a better communication between companies and customers. Giving them away to someone you know is really nice. A complete refund and no more run around! I sent a $125 emails blouse and got $4 and Lululemon leggings I paid $128 plus tax for I got $6 - Ive entailed 2x there is no phone number - this company is a fraud - I need to get my designer items back ASAP There is no disclosure no follow up and I havent even gotten the $12 mailed to me for the two items sold so far- I need file a claim w BBB, Desired outcome: I would like a response to my inquiry! It is important to know that Canada is limited to purchases from . But this is not what happens when you do work for an individual that is not in a trade or business. They should be investigated for cheating so many people out of their money. Your experience is exactly what I feared might happen after I read how they work. Selling on ThredUp is NOT for the entrepreneurial. You might receive money as an independent contractor, dividends from stock you own, interest income, retirement income account payouts, or other non-employer payments. The remaining 60% is dealt with in . So after all of that information, the question remains whether or not thredUPis the best way to get the most value out of your old clothes, shoes and accessories. All returns must be postmarked within 14 days from the date of delivery of an item. Benefits information above is provided anonymously by current and former thredUP employees, and may include a summary provided by the employer. Lesson learned! I wrote this CS rep back explaining the problem was with the first Chase acct, that I disputed only part of the order and asked her what now - NO REPLY! It also wouldnt hurt for you to consider listing your gently used clothing on Poshmark or Ebay. At the end of the day, filing for an LLC solely for tax reasons may not make sense for you the key benefit is on the legal liability front. Dont worry, a detailed list of requirements comes with the bag. Coinbase Tax Resource Center. In late 2021, ThredUP discontinued its Goody Boxes. Your return has been processed. Coinbase reports your cryptocurrency transactions to the IRS before the start of tax filing season. Refund Requirements: I resold all of my Stitch Fix clothes on my sale Instagram account: @MariaSellsThings, pulled a stack of non-Stitch Fix clothes that were in top-notch condition to sell on thredUPand donated the rest to the Salvation Army (you can see photos of what we donated in this blog post. 40%. In that case, you must determine if they are employees or independent contractors. A clothes swap is a terrific idea too! All about payouts. -Only available for orders with items from multiple warehouses. It shows the total amount of benefits you received from us in the previous year so you know how much Social Security income to report to the Internal Revenue Service on your tax return. 2. Havent heard of thredUp? I combed through their website and there is NO mention of this policy. Now Im out $230+. Learn more here about payouts, and learn more here about selling luxury items. To learn more about our refund options please check out this FAQ. General. I checked the address and even walked to several neighbors homes. We frequently receive products free of charge from manufacturers to test. Sometimes larger quantities are offered such as 50 lb or 100 lb boxes. The IRS has a series of thresholds determining whether someone is an employee or an independent contractor. Thanks for all help, May 30, 2022 I returned some items I purchased from Thred Up and expected it to be refunded to my credit card. I know, bear with me Heres how it works step by step. 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. I was wrong, the largest size these would fit is a size 10, my best friend wears a size 9.5 and they fit her perfectly will a hair of room in the back. The penalty amount depends on how long past the deadline the business issues the form. When your items sell you have the choice of credit to shop or cash out. What is blatantly clear from this 15 second story is the condition, quality and relevance of the items I sent. Well, here are the steps I go through with a . For example, imagine you are a business that hires others to help provide your services. Step 1: After I registered on the thredUP website, I was mailed a nice large bag to place my gently used clothes in. Seeing as that's not what they do, never shopping with them again hurts them more than me. [protected]@verizon.net. There are businesses that don't require a 1099. For instance I filled my bag with clothes Ive worn so much I was simply bored of them. For small businesses, the maximum fine is $556,500 per year. Its just how business works. The most popular ones sell out quickly. They make it sound so easy and rewarding on their website. 3.) Form 1099-MISC and Form 1099-NEC are similar but have one main difference. You Have to Pay thredUP to Process Your Clothes There's one more thing you need to be aware of before you attempt to sell your clothes on thredUP. And thats alright by me. Emailed them a second one because they hadn't answered the first. A 1099 employee doesn't receive benefits or have taxes deducted from their paycheck. In April 2022 I made two orders with ThredUP using my new debit card number. The items that didnt pass ThredUps rigorous inspection would be donated to charity. Send a 1099 for payments to corporations only if the payments are for medical, health care, legal or fishing activities. There are quite a few exceptions but the most common is rent paid to a property manager, or any seller of merchandise, freight or storage. Items had no sizing information I would list them on ebay or Poshmark before I'd send them to thredUP. Send any items that fit the current season and set non-season items aside to ship at a later time. Each garment in the list is linked so you can track its sale on the site. Ive never tried Thread Up. I ordered 3 pair of shoes, two did not fit, one was defective. Here's the cost breakdown: Price: $50. What kind of a shady company is this? 3. Please note: Shipping for Hawaii, Alaska, APO/FPO/DPO, Puerto Rico, US Virgin Islands, and Guam take up to six weeks in . The IRS has a variety of 1099 forms to cover all of these and other scenarios. Payment of $600 or more in rent for office space, machines, equipment or. If you use a barter network, you should receive one from them, also. If you choose partner credit as your payout option, you could earn an extra bonus for a limited time like a 20% bonus to Amour Vertor a 15% bonus to Reformation. I alsoneed to trim down my clothing possessions to make a little closet space for the baby. This complaint was posted by a verified customer. Youll get no argument from me about the virtues of shopping on ThredUp. However what I was NOT prepared for was the huge number of items deemed unfit to sell. Which means that the hypothetical $50 blouse in my closetwill get an even lower payout than I initially anticipated. Out of everything sent, they took 5 items, and they were all shoes. If youre aware that thredUP wont generate enough cash to pay for your mortagage (or possibly not even cover dinner for two at decentrestaurant), but you want to sell your clothes and give it a try, I have a few tips to help you get the most bang for your $10 Clean Out Kit. But for a 1099-MISC form (with no data in Boxes 8 or 10), the recipient deadline was 1/31/2022, the paper filing deadline was 2/28/2022, and the e-filing deadline was 3/31/2022. It is minimal to the extreme. [protected]; [protected]@aol.com Those are offered at a cheaper price per pound because you buy more at once. DO NOT SELL TO THREDUP. With the credit or let my daughters shop with the credit. Kind regards, Read all about my experience with this secondhand fashion website here. What does thredUP do with unaccepted clothes? I have contacted them via email 4 times and tried to rectify through my credit card company with no response. Low value items clothes and accessories from less expensive stores (such as Kohls or Old Navy) or obscure brands that other people wont recognize. xx, Its so weird isnt it? If you want to get in touch, please send an email to mleighton@insider.com, or send a DM on twitter to @maraleighton. A 1099-Bit is not required to enter the stock sale and associated capital gains. thredUP handbags, which are known for their high quality, are considered as non-returnable. Success! Answer to what happened to my things. I ordered shoes a few weeks ago. information about the income paid to the employee, the amount of taxes withheld, and the benefits provided. These updated FAQs were released to the public in Fact Sheet 2022-41 PDF, December 28, 2022. I don't work with ThredUp on an official basis, but they do give every customer a $10 off referral link to share. They also have two retail locations, one in California and one in Texas. Desired outcome: $10. Up to 60% Off Sale Items plus Free Shipping at thredUP. There is no one to hold these thieves accountable or get reimbursed for the items they claim would not sell. However, you must issue a 1099-NEC or 1099-MISC if you pay your contractor or freelancer with cash or by check. You can log into your account to see them and even adjust the price although only up to the estimated retail price ThredUp has set.