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Do I have to give WePay my Social Security Number?

Last Updated: Jul 17, 2015 11:12AM CDT
WePay requires your Social Security Number to verify your identity and to comply with state and federal regulations.  Your SSN and Tax ID will only be reported to the IRS in the event that you collect more than $20,000 and 200 payments in the calendar year, but you should not be taxed on these funds as they are considered gifts.  

We definitely recommend speaking with a tax professional, but you can also find out more information by clicking here: https://support.wepay.com/hc/en-us/articles/203609483-Tax-Reporting 
 

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