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New ebay payments require SS#?

I received an email from ebay and they now will deposit your amount from a sale directly into your bank account.  So, they require your routing and account numbers.  But they also required my SS number, which I'm not sure I like.  They say the purpose is to comply with government regulations.  Is there any reason to think they would transmit the amount of your sales to the irs and issue you a 1099?  I only occasionally sell used items on ebay and don't consider any amount I receive to be taxable income.  Thoughts? 
mtrot
deadhead1000's avatar
deadhead1000
714 posts
 
@ chicagoblue1977

You're not a cop. Otherwise you'd know what defunding actually means, and also that most cops would really appreciate not having to deal with mental illness issues, the homeless and repeat drug addict calls for just three examples. And Gezzz, your pension is a social program, or do you not even understand how your own pension works? 
markpao
519 posts
 
Ebay hasn't asked for my SS number (yet) but wants my bank account password in order to deposit my sales since it doesn't go to Paypal anymore.
Is anyone actually giving out their password to Ebay?
mtrot OP
804 posts
 
Please, stay on topic, people.
chicagoblue1977's avatar
chicagoblue1977
224 posts
 
@stereo5 That was sarcasm. There are no republicans in Chicago.

Yet you spew a lie as our great mayor has pulled our teeth and then she complains about gang crimes being up.

You can’t have it both ways.

Period. 
mtrot OP
804 posts
 
@markpao What happens in their process is that you first have to give them your routing number and account number to which you want your payment deposited.  After that, they ask for your SS# and there is a statement that it is required to be in compliance with government regulations.
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