Why do I have to provide my Social Security Number (SSN)?
Updated
by
Seat Relay Support
Per state and federal tax laws, all U.S. sellers are required to provide a Tax Identification Number (TIN), often a Social Security Number (SSN) for individuals, to receive payment. Payouts for all sales, regardless of sale volume, will process once you’ve added your TIN to your account.
Tax implications and Form 1099-K
For tax year 2026, the IRS requires third-party settlement organizations to issue a Form 1099-K to sellers who exceed both $20,000 in gross sales and 200 transactions during the calendar year. If you meet this threshold, you can expect access to an electronic version of your form in early 2027.
Please be aware:
- Your TIN may be your Social Security Number (SSN) or Employer Identification Number (EIN) if you sell tickets under a business. Learn more at IRS.gov.
- US sellers will only need to enter your TIN once, unless your information changes.
- You will only receive a 1099-K form if you meet a certain threshold (see above).
- Your ticket sales for the year are based on the date you were paid, not the sale date. Your gross payments are the total of sales for the year before deducting any seller fees. When calculating gross payments, we don't factor in the purchase price of the tickets you sold or adjustments like credits, discounts, fees, refunds, cancelled events, or substitutions.