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Why did I receive a backup withholding notice?

This article only pertains to users in the USA. Read more about international taxes.

Quick answer

Backup withholding notices (B Notices) are sent to US sellers from the IRS after they have received incorrect or missing Taxpayer Information (TIN) on a Form 1099-k . The IRS considers a recipient's taxpayer information incorrect if either the name or number shown on an account does not match a name and number combination in their files or the files of the Social Security Administration (SSA).

If you’ve received a B Notice, all you need to do is correct your tax information. If you don’t correct your tax information, the law requires Reverb to withhold 24% of payments made to your account. You may also be subject to a $50 penalty from the IRS.

How do I fix my tax information?

To update your tax information:

  1. Head to your Tax ID page.
  2. Select Edit Tax Profile.
  3. Re-enter your TIN, legal name, and address.

If you receive a backup withholding notice from Reverb, you may also receive a copy via USPS, as required by the government. For more information on B Notices, visit the IRS website.

I'm not a US-based seller—why did I receive a B Notice?

If you aren't located in the US and you received a B notice, it's because you're paid in USD. We'll need a Form W-8 BEN on file to remove you from the 1099-K obligation. Reach out to 1099taxreporting@reverb.com for more information.

For any additional inquiries related to tax reporting, send an email to 1099taxreporting@reverb.com.
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