Back in August 2022 someone hacked my THRED UP account and made purchases in the amount of $1,185.00. ThredUP is the most convenient mass upcycling program I've found for city dwellers without a car. Selling on ThredUp is NOT for the entrepreneurial. Terrible customer service I had to send emails to get refund sent back to my card and the first email string finally got answered but they didn't fix it. Your email address will not be published. thredUP has a consumer rating of 3.17 stars from 5,867 reviews indicating that most customers are generally satisfied with their purchases. However, you can choose to pay $10.99 for a return if you want the unsold items back. #B2Q4W-GGE79 could not be accepted by our processors. Mara Leighton is a senior digital culture reporter. Keep in mind that I had followed all of the instructions that came in my Clean Out Kit and sent summer clothes to thredUP in August. I sent emails and was told I would have to wait 7-10 days for a response. Coinbase Tax Resource Center. But they take well over ten days to respond to my queries and complaints such as Why have you cancelled my orders and now they are blaming ME for it tho they know I never cancelled the orders, and I explained that I only disputed about $12 on the order with my old Chase account. Please contact them if you can for me to restore my account with them and get my $10 that they owe me - interesting that they still send me emails for deals on the site! 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. 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. I sent numerous emails, and contacted my credit card company and the only reply I received was they could only give me a store credit. Honestly though, if you just plan to donate your clothes, isnt it simpler to drop them off at your nearest Salvation Army, Goodwill, or other thrift store and collect the tax credit? I just hope a charity does get your clothes because its awfully fishy business. I am happy to help you. For items priced at $50.00-$99.99, Thredup . Return Completed - Status Bar In exchange, I received $37.40 in thredUP credit. I created the Blog to inspire women to invest time in their personal style. You do not issue 1099s to vendor corporations. As another example, Uber has more than one million drivers in the US. If you plan to use a vendor and pay them more than $600 in the year, the best business practice is to have them fill out a W-9 before doing any business with them. According to the thredUP website, it takes 1-3 weeks for your Clean Out bag to be processed and have your items listed online. I want my items returned or paid the equivalent of what I lost because of their inability to handle incoming merchandise. Then I got this email from them to 'clarify' the situation: Fill your bag with your carefully selected items. 30%. I bet they dont give to charity, perhaps they sell these pieces on, just not on their site? We aredefinitely in tidying mode at the Gavin household especially when it comes to closets and storage space. 3. Signing Up For ThredUP While I dont doubt they donate to charity, it does seem rather suspect that they wont define the charity or at least whom it benefits. Then, as of August 28, 2018, the thredUP restocking fee was made permanent, so now for any item under $50 you return, you'll receive the full amount back in cash or credit, minus $1.99 per item. Unlike other apps like OfferUp and Facebook Marketplace, there's no heavy lifting on your part with thredUP. Source: thredUp. I really dont want to believe anything underhand is going on but its seriously odd how they determine whats worth selling. 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. I feel they grew too large to handle the amount of clothes coming in and their customer service definitely got worse. If you use a broker to sell stocks, bonds, or other securities, they will send you Form 1099-B to report gains or losses from your transactions in the preceding year. Currently, there is no expiration date. Return authorization #5043206 May 30, 2022. 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. Im also going to address the elephant in the room and point out that I am most definitely not pregnant in these photos. 3. So as a freelancer, or independent contractor doing work for a business, you get a Form 1099-NEC. We have a lot to share. I sent a large box inside the bag of jewelry from my store inventory, ladies long cream white wool coat, granddaughter's two prom dresses; all in mint condition and yet they never arrived? Send any items that fit the current season and set non-season items aside to ship at a later time. Filing Form 1099-K. It also wouldnt hurt for you to consider listing your gently used clothing on Poshmark or Ebay. When eligible items sell, cash out or get shopping credit. Thanks for that love xx. Shop the ThredUp Black Friday and Cyber Monday sales. They made sure no one would be able to tell. reports the sale or exchange of real estate. If you're going to receive a 1099 form from Robinhood, these will be issued in mid-February for the preceding tax year. In late 2021, ThredUP discontinued its Goody Boxes. I am out a measly $20, but for me it's the principle. She would have bought these from me, but she already has them. Does ThredUP still offer them? ThredUp takes care of the rest I purchased this box on July 5th. Boxes aren't needed. General. Learn more here about payouts, and learn more here about selling luxury items. When you are self-employed, it is your responsibility to track all of your income and expenses. In that case, the penalty is a minimum of $550 per form or 10% of the reported income, with no maximum. Perhaps Im overly suspicious it simply does not up add up that so many of my garments werent accepted. Here is another idea for you Michelle why dont you organize a clothes swap in your neighbourhood? You might receive money as an independent contractor, dividends from stock you own, interest income, retirement income account payouts, or other non-employer payments. For example, if a business hires a freelancer for a project, it's important they send a 1099 . Perhaps The Real Real or Vestiaire Collective is better when it comes to this type of selling? The clue is in the title. Fill up your kit Free up space in your closet by filling any box or bag with gently used items you no longer wear, need, or love. For example, when you hire a writer through UpWork or an artist through Fiverr, you pay the service, and the service pays the freelancer. Sign up for our newsletter to get the latest on the culture & business of sustainability delivered weekly to your inbox. x, Julie | thismainlinelife.com, Yep Ebay is better for making money theres no doubt about it , Dang! document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. In this case: If a business that pays you doesn't issue a form 1099-misc, it's not your responsibility to make them follow the rules. What is blatantly clear from this 15 second story is the condition, quality and relevance of the items I sent. 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. WAIT FOR AN INCREDIBLY LONG TIME.It took ThredUp two months to process my bag. Id stick with Ebay for anything I sell in the future; Ive never gone wrong with them. 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. Your return is complete and your credit of $144.21 has been processed. Giving them away to someone you know is really nice. We inspect, photograph, list, and ship items for you. 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. 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. They were worn twice so replacement value would be exactly what I paid for them. How much does the men's rescue box cost? 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." As a Coinbase.com customer, you'll receive a 1099 form if you pay US taxes and earn crypto income over $600. Desired outcome: How hilarious is that? 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. Hi Indulekha This does not drive our decision as to whether or not a product is featured or recommended. Yes. You do not file 1099s for Uber drivers. What happens if you don't send someone a 1099? Consumers satisfied with thredUP most frequently mention great condition, good quality and polka dot.thredUP ranks 3rd among Used Clothing sites. Compare. And that dread led me down the rabbit hole of fantastic services that will essentially do all the legwork for you. Im sure I wouldve gotten more by just throwing everything in the trash. This is what they sent; Often they must spend their money on your behalf while doing work for you. Also, please take note that buyers have 14 days to return the item in case they do not like it. When you pay a corporation, you are not required to send it a 1099. This complaint was posted by a verified customer. Now lets break for a short video so you get an idea of the type of pieces Im referring to. 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. I guess pricing depends on the individual sorting through the bag? YES cut as in by a person. Get started with a free trial today! 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. SHOP SELL FAVES 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. Payors of 1099s need to know when they are required to file a 1099 and when they are not. I have no gift card and no money now. In my experience, it can sometimes take even longer. Thats the risk you take by giving them carte blanche on your listing. I would love my refund but more I would like to see this company shut down for fraud. Reporting. Who knows? thredUP Promo Code: 30% off. Five items were sold on consignment ($24.95), and the remaining eight were purchased outright ($9.99) for a total of $34.94. Inbox It's the right thing to do from a humane and ecological perspective, but it's not always easy when you live in an urban center with no personal transportation. Since I opted to forwardthe rejected items to charity, that is where this dress and many others, ended up. They are VERY rude and dismissive when you try to ask about anything. But the IRS lists several exceptions to this general rule, including how much you paid and whether you are in a trade or business. Have you tried to sell clothes onThredUP? I would like my money sent via the paypal I have set up through their website. Desired outcome: May 30, 2022 I returned some items I purchased from Thred Up and expected it to be refunded to my credit card. Starting in July of 2021 I sent in a massive amount of designer clothes. Items purchased with thredUP store credits will always be refunded back as store credits thredUP Filed Under: Money Tagged With: clothes, money. Once I was looking for a statement brooch and noticed a plastic necklace from Marks and Spencer priced at a whopping $199! I have tried messenger, chat, emails, nothing. Best Overall: ThredUP. They make it sound so easy and rewarding on their website. When this happens, they report the income on Form 1099-CAP. When you buy through our links, Insider may earn an affiliate commission. Basically a win win in my book. On top of the fact that thredUPis a business and needs turn a profit somehow, theres another major factor that will impede your ability to make bank on the clothes you send their way: discounts. I would like my money sent via the paypal I have set up through their website, Refund not issued to my credit card as stated in your policy, refund return amount to my the credit I used for my purchase. Form 1099-MISC and Form 1099-NEC are similar but have one main difference. My order was delivered, but on the threadup site it still shows as 'in transit'. I have no gift card and cannot get them to answer where that gift card is. Hi, I want my boots back or I want the replacement value reimbursed to me.
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