Are you a US resident selling through StubHub market? In case you have sold and received payments for tickets sold between January 1, and December 31 of any year, we, as a payment settlement entity, are obligated to comply with local regulations.
In order to generate a complete 1099-K Form as required by state and federal tax laws, you will need to provide us your TIN Number.
TABLE OF CONTENTS
- What is a TIN Number?
- How to provide the TIN?
- What happens if I don't provide my TIN?
- Will I receive a 1099-K Form, and how can I access it?
What is a TIN Number?
TIN stands for Taxpayer Identification Number. Only available for certain nonresident and resident who cannot get a Social Security Number (SSN). It is a 9-digit number, beginning with the number "9", formatted like an SSN (NNN-NN-NNNN).
Please note that you, as a payee, will also receive a copy of the form 1099-K. This form will include the gross amount of the reportable payment transactions made to you on our platform during any Fiscal Year.
How to provide the TIN?
There are two ways to provide this information.
- During the listing process – In step 3 (Seller Information), we will ask you for some personal and contact information, and the last point, will be Tax Information. Here you will need to include you TIN Number.
- IMPORTANT: If you don't complete this section (Seller Information), you cannot receive your Form 1099-K from StubHub.
- From your StubHub account – Go to Profile section and under TAX INFORMATION, click on Add TIN/SSN to include the details.
What happens if I don't provide my TIN?
As mentioned before, sellers with US resident are required by the US state and federal tax laws to provide this information.
If you don't provide it, you won't be able to list tickets on our platform.
Will I receive a 1099-K Form, and how can I access it?
You may receive Form 1099-K if your total payments exceed the reporting thresholds established by the IRS under Internal Revenue Code Section 6050W which are currently as follows:
- 2024: $5,000
- 2025: $2,500
- 2026 and beyond: $600
*(Source: IRS – March 2025).
Note: Thresholds may vary by jurisdiction and are subject to change by the IRS. For more details please refer to the following link: Understanding your Form 1099-K | Internal Revenue Service
Where to access your 1099-K depends on your payment method:
- PayPal: Download the form directly from your PayPal account.
- Bank transfer (from StubHub International / Ticketbis): If you qualify, we’ll share the 1099-K Form via ordinary post by January 31st.
Please ensure your postal address is up to date in your account settings. If you do not receive the form, please contact us at dl-tax@stubhubinternational.com
Note: You are only required to pay taxes on net profits. Please consult your tax advisor for specific guidance.