Selling items online will bring in extra income, but managing taxes can be overwhelming. We have made it simple for you!

Online marketplaces, such as Redspur, are required to collect W-9 identification details from sellers who are expected to meet the Federal filing threshold during the calendar year. This information is needed to ensure that Form 1099-K is submitted to the Internal Revenue Service in a timely and accurate manner. However, you may not owe taxes to the IRS at the end of the year related to your sales.
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Redspur may request certain information from you to comply with IRS and state reporting requirements, including but not limited to, completing W-9 taxpayer identification forms and submitting 1099-K sales reports. At the beginning of each calendar year, the Seller will receive a 1099-K from Redspur so that the Seller may report income for the Seller’s personal income tax-reporting obligations.