they closed over the holidays and I couldn't start a return--now they won't let me return my order. i am trying to contact somebody to correct that, but there is not a single phone number on the website for the customer service and the 'chat' function does not work. Chanel Silva If youre like me and find yourself with a surplus of clothes from Stitch Fix that no longer suit your style, I highly recommend selling those items yourself in the Stitch Fix B/S/T Facebook groupthat has 50,000 members and is completely devoted to the buying, selling, and trading of Stitch Fix clothes. ThredUP has no customer service phone number and if you click on Chat and Email on their site, Chat never opens. However what I was NOT prepared for was the huge number of items deemed unfit to sell. My name is Kathryn Goodfellow-78 Prospect Ave., Norwood, Mass. Currently, there is no expiration date. If you buy them, we get a small share of the revenue from the sale from our commerce partners. I would like my money sent via the paypal I have set up through their website. Lo and behold when they finally processed my box after 3-4 months of waiting, the Burberry Have contacted them several times about sending my stuff back Credit card companies, online platforms, and third-party payment processors must send 1099-K forms to report payments they process during the year for merchants. O.K so they do all the heavy lifting. And one pair of pants had a cut at the bottom of the leg. If you make payments personally and not for your business, you are not required to send a Form 1099-MISC. Thanks to Brian from BTW Photography for the great photos in todays post. xx, Its so weird isnt it? Again this makes me very happy. Fill a bag with women's or kids' clothes from brands like Lululemon, Zara, J. Well to be fair Lisa, I dont think the company is doing anything dodgy at all. It also reports your employer contributions to things like the Social Security tax. 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. Service 589. Thank you for reaching out! Your return is complete and your credit of $144.21 has been processed. They paid me $37.40 (less than half of the money they earned) and they donated three of my items that were not high-quality enough to sell online. Here are a few lessonsIve learned from my own experience selling my clothes on thredUP. But I closed that acct w/Chase about two months ago, went to Wells Fargo, hated it, returned to Chase and now have a new bank account number w/ a new debit card number. 16 Followers. If you search around and shop total price you can probably find some really good prices even with the $7 shipping factored in compared to thredup Flaky-Somewhere1 2 yr. ago to report gains or losses from your transactions in the preceding year. Answer to what happened to my things. But when businesses or self-employed individuals make non-employment payments, the IRS may require them to report those payments on a 1099 and send a copy to the payee. 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 may sell things here as I have a large store on a very popular online site but will NOT ever buy again as there is no recourse for not as described. 2.) i would like to talk to the customer service representative. Coinbase began submitting 1099 forms to the IRS and to individuals users in 2017. And if every bag is a $5 donation rather than by pound, you could theoretically send in a few bags if your items could fit in two as easily as in one. You do not file 1099s for Uber drivers. A. While I was able to work with the Thred Up customer service to stop the sale and shipment of goods, I was NEVER refunded the money. ThredUp shoppers expect to bag a bargain but sometimes ThredUp gets it wrong. I would love my refund but more I would like to see this company shut down for fraud. Any unaccepted items (the things thredUP wouldn't be able to sell on-site) are shipped back to you (for $10.99) or responsibly recycled, according to the company. The company is shady at best. To be accepted, they have to show no signs of wear (pilling, fading, shrinkage), damage, or alterations. You actually have to pay the site to accept your clothes. thredUP thredUPencourages everyone with a Clean Out Kit to send timely and seasonal clothes their way. Life, Home, Money, Fashion and Everything else as a Family of 4, April 19, 2017 By Maria Gavin - 106 Comments. My Hunter boots were not even listed, they were stolen the minute they arrived. Your return is complete and your refund of $67.53 has been processed. I second your complaint, I would like to talk with a customer service person. Low value items clothes and accessories from less expensive stores (such as Kohls or Old Navy) or obscure brands that other people wont recognize. Crazy Together is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. But it's easier to remember what it's for if you use the other name it's often known by"non-employee compensation.". The problem is that Thred up gave me Thred up store credit for the amount instead of returning it to my original payment credit card. I am out a measly $20, but for me it's the principle. They are VERY rude and dismissive when you try to ask about anything. High value items this includes new and like-new items from a known (and higher priced) brand or designer. And thats alright by me. Shop the ThredUp Black Friday and Cyber Monday sales. I just hope a charity does get your clothes because its awfully fishy business. I would like my money back. The only option for the men's clothing box was 10 lb at $50. We aredefinitely in tidying mode at the Gavin household especially when it comes to closets and storage space. You never know the bad policies of a site until something goes wrong. I will never send in another kit and have alerted friends and family to do the same. Verrrrry interesting. Form 1099 indicates that you are self-employed / independent contractor. Selling on ThredUp is NOT for the entrepreneurial. I got my mother of the bride dress on thredUP and formal wear has unbelievable low prices. However, THEY ARE Like most of the complaints before me , I also never received a refund for a dress I purchased. I really dont want to believe anything underhand is going on but its seriously odd how they determine whats worth selling. So as you are sorting through your clothes, youll want to make sure they are seasonally appropriate. Yes, I did have my bank investigate and was informed that Thred Up denied any of this happening. on 9/26/15. Ive never tried Thread Up. Your email address will not be published. Glassdoor is your resource for information about thredUP benefits and perks. Returns 427. Although the fact they do makes buying from them a completely different experience. I bet they dont give to charity, perhaps they sell these pieces on, just not on their site? I want a a refund or my shoes! Consider the wellbeing of who made our clothes & say no to fast fashion. If you continue browsing we consider you accept the use of cookies. Someone is making something somewhere. xxx, I am with you Lisa. My comment didnt come through. There are also a few other programs that reward you for cleaning out your closet, and a few that make the process as easy as ordering a bag online, filling it up at home, and scheduling a pickup. But, the IRS counts that amount as income to you, and the lender will send you a Form 1099-C with the amount of debt cancelation. Im also going to address the elephant in the room and point out that I am most definitely not pregnant in these photos. 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. Lisa Katz Form 1099-K Frequently Asked Questions. Payments of less than $600 I was issued a store credit, not a refund. And they must send you a copy also. And LLC earnings will be subject to self-employment tax. FedEx Tracking ID [protected]. When you buy through our links, Insider may earn an affiliate commission. Otherwise, the great quality clothing that they say they won't take will be given to other sellers to sell, or used in their ThredUp Rescue Boxes. 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. The last box I sent in included a Burberry coat. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on Tumblr (Opens in new window), see photos of what we donated in this blog post, How We Screamed Our Way through the Dave Ramsey Show, I Was Broke, Too A Look at my Early Finances, Sinking Funds Why You Need Them & Why We Love Them. Now Im out $230+. Individuals. Now as to WHO the beneficiary is of my charity, I cant tell so for that reason I wontsell on ThredUp again. Often they must spend their money on your behalf while doing work for you. SHOP SELL FAVES As a Coinbase.com customer, you'll receive a 1099 form if you pay US taxes and earn crypto income over $600. Shipping 610. -Once shipped, your order will be delivered in 3-6 business days. Its a pittance to be precise. Send a 1099 for payments to corporations only if the payments are for medical, health care, legal or fishing activities. For instance I filled my bag with clothes Ive worn so much I was simply bored of them. Desired outcome: I am happy to help you. Hi, DO NOT SELL TO THREDUP. March 10, 2023. Form 1099-B (Proceeds from Broker and Barter Exchange Transactions) reports the sale of stocks, bonds, mutual funds, and other securities. Fortunately, the IRS always provides the dates in, General Instructions for Certain Information Returns. Then I got this email from them to 'clarify' the situation: She would have bought these from me, but she already has them. According to the company, item payouts range from 5% to 80% of the listing price, and higher-end brands get you a higher percentage of the payout. Although its fair to say if this is the grand sum I make from my huge bag of clothes then its more for charity than profit. Items were considered off-trend In April 2022 I made two orders with ThredUP using my new debit card number. View Transaction History The Sloth. That sucks big time Marie! If you choose to do the Standard Clean-Out, it's good to know the company says that it only accepts 40% of the items in the average kit. Separate Shipping. When I contacted support, after MUCH searching and run around to do so, I was told "I see that your return was refunded as thredUP credits because whoever created the return, selected thredUP credits as the preferred refund method." Perhaps Im overly suspicious it simply does not up add up that so many of my garments werent accepted. When corporations undergo substantial change or ownership control, sometimes, they send the stockholders cash, stock, or other property as part of the restructuring. 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. 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. If you hire a non-U.S. citizen and they work for you inside the US, you must file a 1099-NEC, assuming the transaction meets the other filing requirements. Value 630. It was a lot.). Like many clothing retailers, ThredUp saves some of its biggest deals of the year for Thanksgiving weekend (Black Friday to Cyber Monday). Coinbase Tax Resource Center. Michelle Tyler blog uses its own and third party cookies. Each garment in the list is linked so you can track its sale on the site. 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 . Done. The person or company sending you the money is responsible for filing a 1099 with the IRS and sending you a copy to file with your tax return. Fill your bag with your carefully selected items. Non-US customers will not receive any forms from Coinbase and must utilize their transaction history to fulfil their local tax obligations. Im going to report them to BBB. 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. Why ThredUP This is our story. It may be something silly like the clothing is too old. Reimbursement to contractors is very common. Have you tried to sell clothes onThredUP? I like it and it is nice to get alittle something back with all the money on clothing. The kit comes with a large pre-paid shipping pouch, instructions, and tips to maximize your payout. Oh, and I wont be refunded for shipping, that will be deducted, so its cost me around $15 to try on some shoes, one defective pair. I went to cash out and was shocked to see my balance of over 1k had disappeared. It is simple, Ill grant them that but certainly not a lucrative way to sell your clothes. No materials from this website may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way. Payment of $600 or more in rent for office space, machines, equipment or. email from Thred up of return processed: Thanks for that love xx. Every year, we send a 1099-G to . I would like ThredUP to restore my account, give me my $10 credit and allow me to use my new debit card for new orders. You can purchase syndication rights to this story here. This is the third time I've had this happen too.They just ignore your emails too easily. If you want to get in touch, please send an email to mleighton@insider.com, or send a DM on twitter to @maraleighton. Id say its more of a charity than it claims. Which payments are exempt from having to issue a 1099. Five items were sold on consignment ($24.95), and the remaining eight were purchased outright ($9.99) for a total of $34.94. reports the sale or exchange of real estate. To power this marketplace, thredUP built an infrastructure that has recirculated 100 million unique g. Learn more Jobs We were not able to detect your location. Use the instructions in the link below and when asked if you received a 1099-B, answer NO.
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