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Im sure I wouldve gotten more by just throwing everything in the trash. thredUP has a consumer rating of 3.17 stars from 5,867 reviews indicating that most customers are generally satisfied with their purchases. Best Overall: ThredUP. Yes. I shipped a whole bunch of clothing in a pristine Givenchy tote bag, and the tote bag was never listed for sale. But it is your responsibility to verify the information. Your orders were canceled because you filed a dispute on order 6K1UFSTEV3EZ, which goes against our Terms of Use. Learn how your comment data is processed. Thank you for following up with us. "I blew it; I made too much money," she said. They are the self-proclaimed largest fashion resale marketplace with over 35,000 brands. They refer to their earnings as nominal but thats kind of a vague word, dont you think? As mentioned, thredUP only accepts around 40% of the clothing received in its clean up kits. In late 2021, ThredUP discontinued its Goody Boxes. As you can probably guess I posted some Instagram Stories before I sent my bag to ThredUp. The items that didnt pass ThredUps rigorous inspection would be donated to charity. Fill your bag with your carefully selected items. 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. Consumers satisfied with thredUP most frequently mention great condition, good quality and polka dot.thredUP ranks 3rd among Used Clothing sites. Now Sept. 21, 2022 I am attempting to use the store credit and says my account has been banned. And its funny they don't accept some items that are new while they send me stuff that has been torn or cut with sizors. Desired outcome: . I need to up date my email @phone number I have been lock out, I want the remainder of my items back that they have- they even charged me 9.95 to send stuff back but will not answer emails or return items - no disclosures no phone number. If your ordered items don't look on you as you'd imagined, you can send them back for up to 14 days after the delivery date. The IRS penalty for failing to issue a 1099 is now $250 per form. thredUPencourages everyone with a Clean Out Kit to send timely and seasonal clothes their way. There are businesses that don't require a 1099. freelancer or independent contractor less than a total of $600 for the year, you are not required to send them a 1099. If you use a barter network, you should receive one from them, also. I will say that thredUP is pretty transparent about the status of the clothes they keep and list online. They were accepted and then instantly cancelled. Sometimes business owners can be frustrated because they do not have enough information to issue a 1099. They were worn twice so replacement value would be exactly what I paid for them. When corporations undergo substantial change or ownership control, sometimes, they send the stockholders cash, stock, or other property as part of the restructuring. See insights on thredUP including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. (See attached photo) Id stick with Ebay for anything I sell in the future; Ive never gone wrong with them. YES cut as in by a person. I returned merchandise, it was in bad shape, thredup is stealing clothing & money from consumers, My bag of clothes, purses and shoes Bag#: B2BAC-KG637, 16 years' experience in successful complaint resolution, Each complaint is handled individually by highly qualified experts, Last but not least, all our services are absolutely free. 3. SHOP SELL FAVES 1. In truth thats thepoint as well as the problem with ThredUp right there,in a nutshell. This site states numerous clean out bags that I've sent using their prepaid labels has never been received, and when I follow up with them, they state I should insure them, but the postal clerks tell me that that shouldn't be necessary for these type of prepaid shipping labels. 3. Return Processed by Thred up May 31, 2022. Out of the fifteen, two didnt sell so they also went to charity. Ive never tried Thread Up. It was only 30 days past the year so I asked them to convert back and they said it's not possible. In that case, you must determine if they are employees or independent contractors. 1099s are information returns, and often the person or company filing them does not withhold taxes from these types of payments. View Transaction History Payment Card and Third Party Network Transactions (Form 1099-K), Rents, profits, or other gains (Form 1099-MISC), Commissions, fees, or other payments for work you do as an independent contractor (Form 1099-NEC), Payments by brokers/barter exchanges (Form 1099-B), Distributions from any retirement account, Distributions from an employee stock ownership plan. The best thing about selling on ThredUp is also the worst thing about ThredUp. ComplaintsBoard.com is a leading complaint resolution website on the Internet. For example I had a suede dress listed that wasnt described as suede or even leather. As you can see, the rules can be confusing - and sometimes far from clear cut. Many types of payments are exempt from needing a 1099, including personal payments and total payments to a vendor under $600 for the year. You just never know if theres a rogue employee or two cherry-picking for themselves or what not, if you get my drift? 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. On average, they expect the company's share price to reach $4.91 in the next year. I was issued a store credit, not a refund. Done. Banks and other financial institutions report dividends and other distributions to their clients on Form 1099-DIV. Believe it or not this dress and likewise many other items were rejected by ThredUp. Its just how business works. 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. Desired outcome: Never the less wherever this beautiful maxi is hanging now I have no doubt someone is loving it. If you're looking to get the most money possible for high-end items, it's probably not the most lucrative option. 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. ThredUp takes care of the rest But this is not what happens when you do work for an individual that is not in a trade or business. Unlike other apps like OfferUp and Facebook Marketplace, there's no heavy lifting on your part with thredUP. 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. And it was impossible to see this in any pictures by the way. 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. Seeing as that's not what they do, never shopping with them again hurts them more than me. I went to cash out and was shocked to see my balance of over 1k had disappeared. When you are self-employed, it is your responsibility to track all of your income and expenses. Relax! However what I was NOT prepared for was the huge number of items deemed unfit to sell. on 9/26/15. Since I opted to forwardthe rejected items to charity, that is where this dress and many others, ended up. Thats the risk you take by giving them carte blanche on your listing. I combed through their website and there is NO mention of this policy. In April 2022 I made two orders with ThredUP using my new debit card number. [protected]; [protected]@aol.com Despite these occasional fuck ups on pricing, overall ThredUp is a bargain hunters dream. Verify or enter missing email addresses for your contractors so that we can send access to view their 1099 forms online. Now Im out $230+. ThredUP does a great job of sorting through items received from sellers to only resell those items in good or great condition. The IRS has a variety of 1099 forms to cover all of these and other scenarios. Then I got this email from them to 'clarify' the situation: I want the remainder of my items back that they have- they even charged me 9.95 to send stuff back but will not answer emails or return items - no disclosures no phone number, ThredUp terminated my account out of the blue for an order that I disputed in a prior bank account. I contacted customer support so they could look into it. WAIT FOR AN INCREDIBLY LONG TIME.It took ThredUp two months to process my bag. If you paid an independent contractor more than $600 in a financial year, you'll need to complete a 1099-NEC. 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. Your return has been processed. I mean what the hell? Promotions and discounts will not be reimbursed Return # 5043206 I would like a response to my inquiry! I believe this is just a fraudulent scam. They DO everything for you. When a 1099 form does not match a W-2 filed by the IRS, the IRS uses it to track payments. We cannot change refund methods after the return has processed Other 1099 copies are . For me, since my focus is largely on low-maintenance recycling, earning a few bucks here or there is just a bonus. Depending on what your local upcycling options are, you may earn more by bringing relatively high-end items to a Buffalo Exchange. Download and Submit 1099 Forms "Employer: Copy 1 & Copy C" and "Contractor: Copy B & Copy." If you locate the View forms button, you'll only get Copy A that we sent to the IRS. The only outcome I would want is full refund in it's entirety. The other thing sorely lacking is the description of the items for sale. The main difference between an employee and an independent contractor is that one is a payroll worker, and the other is a non-payroll worker. At the end of each year, it is the employer's responsibility to provide a completed 1099 form to the person they pay. 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. Which payments are exempt from having to issue a 1099. Learn more here about payouts, and learn more here about selling luxury items. I have contacted them via email 4 times and tried to rectify through my credit card company with no response. The clue is in the title. If, like me you tend to give away most of your unwanted clothes then this is a nice little gift for doing so. Conscious shopping & collecting quality pieces over quantity is the most sustainable path to timeless outfits & a healthy planet. What I dont like about ThredUp is the incredibly poor customer service. An SSA-1099 is a tax form we mail each year in January to people who receive Social Security benefits. Every year, we send a 1099-G to . Top Coupon: $10 off all Purchases. Send any items that fit the current season and set non-season items aside to ship at a later time. This complaint was posted by a verified customer. We highlight products and services you might find interesting. https://www.michelle-tyler.com/wp-content/uploads/2019/01/VID_23280413_191610_685.mp4, HOW TO RESTYLE YOUR SEQUINS AFTER NEW YEARS EVE. The items on ThredUp are in excellent condition and generally priced very low although I have come across the odd item that confused the hell out of me. By clicking Sign up, you agree to receive marketing emails from Insider I have tried messenger, chat, emails, nothing. The Salvation Army will also come pick up donation boxes if you sign up for a slot online, but be prepared to wait weeks because this option is popular. I wear a size 11, but frequently buy size 12 if I think they may run smaller and being made and purchased directly from China, I ordered them thinking, at the least they will be a size 11. Helpful (1) Vicki B. on 9/26/15. When I finally got one well after 10 days, then another, they were rather generic, none explained why my new orders were cancelled. 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. Thank you for reaching out! And you could get your unlisted items back from thredUP, but that service costs an additional $11 and you have to pay it when you order your CleanOutKit, which makes the added cost even more of a gamble. If you paid a freelancer or independent contractor less than a total of $600 for the year, you are not required to send them a 1099. Up to 60% Off Sale Items plus Free Shipping at thredUP. Its beyond me how they have such a huge amount of stock! ThredUP's program is also unique in its flexible options. I have tried messenger, chat, emails, nothing. Conversely I have only positive experience buying from the site. I added up the value of the five garments that had sold and thredUP earned $99.95 for those items (with one dress yet to sell). Even though lenders are only ever required to send 1099-Cs if a canceled debt is worth $600 or more, it is still your responsibility to report smaller canceled debt amounts as gross income on your federal income tax returns. Lisa Katz If you use a barter network, you should receive one from them, also. I purchased a pair of slides made in China and they were described as "44-45=12US women". Now can't get a response at all. Desired outcome: I smell a giant rat. You might sell stocks at a profit, earn interest from an account, get dividends from a company, receive distributions from a retirement account, and more. I purchased this box on July 5th. So angry that I am being treated this way, after being a long-time seller and shopper with thredup. These boots were worn only twice and were in pristine condition. 3. Your return is complete and your credit of $144.21 has been processed. information about the income paid to the employee, the amount of taxes withheld, and the benefits provided. For the last year, I've spent more time trimming the fat going through my small New York City closet, packing bags, and schlepping clothes in Ubers and city buses all across the city to sell or donate than probably any other activity. Selling on ThredUp is NOT for the entrepreneurial. The most popular ones sell out quickly. Benefits information above is provided anonymously by current and former thredUP employees, and may include a summary provided by the employer. I found this experience to be stress-producing, not reducing The cool, trendy & good quality denim shorts pictured under the thredUP bag . 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! Sign up for Insider Reviews' weekly newsletter for more buying advice and great deals, A handful of companies will actually reward you for getting rid of stuff you no longer use, learn more here about selling luxury items, scheduled a USPS pickup at USPS.com online, for luxury items which fetch as much as 80% commission of the sale, Order a thredUPClean-Out bag online to donate clothes now.