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I'm a first timer with amazon.com. Without thinking, I gave…

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I'm a first timer with...
I'm a first timer with amazon.com. Without thinking, I gave them my SS#. Also, my address and phone number. Do I have anything to worry about since I entered my social? If so, what should I do?
Submitted: 2 years ago.Category: Legal
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Answered in 2 hours by:
2/27/2016
Lawyer: Phillips Esq., Attorney-at-Law replied 2 years ago
Phillips Esq.
Phillips Esq., Attorney-at-Law
Category: Legal
Satisfied Customers: 22,735
Experience: B.A.; M.B.A.; J.D.
Verified

Could you explain a little more?

What were you purchasing and why were you requested to provide your Social Security Number? Generally, your Social Security Number is ***** required in order to place an order.

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Lawyer: Robin D., Senior Tax Advisor 4 replied 2 years ago
Robin D.
Robin D., Senior Tax Advisor 4
Category: Legal
Satisfied Customers: 18,361
Experience: 15years with H & R Block. Divisional leader, Instructor
Verified

Hello

If you were signing up to use Amazon for selling or fullfillment purposes then that information is required.

Internal Revenue Service (IRS) regulations require that U.S. payment processors, including Amazon Payments, file a Form 1099-K to report unadjusted annual gross sales or payment volume information for customers that meet both of the following thresholds in a calendar year:

  • More than $20,000 in gross payment volume
  • More than 200 transactions

In order to ensure that there is no interruption to your service when you reach the above threshold, Amazon Payments requires all account holders to provide taxpayer identification information before they start transacting.

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Lawyer: Robin D., Senior Tax Advisor 4 replied 2 years ago

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

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