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05-19-2016
| Junior Member | | Join Date: Mar 2014
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Activity: 0% Longevity: 58% | | How do you get professional account when they require ssn?
Pro accounts require ssn how do you get around that?
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05-20-2016
| | Senior Member | | Join Date: Jul 2013
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Activity: 0% Longevity: 62% | | Re: How do you get professional account when they require ssn?
you have to use EIN
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05-23-2016
| | Junior Member | | Join Date: Jun 2012
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Activity: 0% Longevity: 68% | | Re: How do you get professional account when they require ssn?
You can either use your SSN or a EIN for Tax Setup.
If you've already used your SSN on a previous account you will now need to apply for a EIN and use that.
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05-23-2016
| | Executive [VIP] | | Join Date: Aug 2008
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Activity: 16% Longevity: 91% | | Re: How do you get professional account when they require ssn?
EIN can be used but since those are not so easily obtained the other solution is to forego those Pro accounts altogether and just spread your sales across multiple accounts.
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05-23-2016
| | Executive [VIP] | | Join Date: Nov 2013
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Activity: 0% Longevity: 60% | | Re: How do you get professional account when they require ssn? Quote:
Originally Posted by slokor EIN can be used but since those are not so easily obtained the other solution is to forego those Pro accounts altogether and just spread your sales across multiple accounts. | Problem is you are limited at 50 transactions.
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05-23-2016
| | Executive [VIP] | | Join Date: Nov 2015
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Activity: 5% Longevity: 48% | | Re: How do you get professional account when they require ssn?
^^Also, it's pretty darn easy to "obtain" an EIN |
05-23-2016
| | Executive [VIP] | | Join Date: Sep 2007
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Activity: 0% Longevity: 96% | | Re: How do you get professional account when they require ssn? Quote:
Originally Posted by slokor EIN can be used but since those are not so easily obtained the other solution is to forego those Pro accounts altogether and just spread your sales across multiple accounts. | Bit tricky for amazon. |
05-24-2016
| | Junior Member | | Join Date: Jun 2012
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Activity: 0% Longevity: 68% | | Re: How do you get professional account when they require ssn? Quote:
Originally Posted by slokor EIN can be used but since those are not so easily obtained the other solution is to forego those Pro accounts altogether and just spread your sales across multiple accounts. | EIN's are not really that hard to get.
You can apply online from Monday through Friday 7 a.m. to 10 p.m and the process takes only about 10-20 minutes depending on how fast you are.
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05-24-2016
| | Executive [VIP] | | Join Date: Dec 2009
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Activity: 100% Longevity: 83% | | Re: How do you get professional account when they require ssn?
Lot of hot threads to read about the EIN Swizzle as well as the IRS website
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05-26-2016
| | Junior Member | | Join Date: Jan 2013
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Activity: 0% Longevity: 65% | | Re: How do you get professional account when they require ssn? Quote:
Originally Posted by bboard EIN's are not really that hard to get.
You can apply online from Monday through Friday 7 a.m. to 10 p.m and the process takes only about 10-20 minutes depending on how fast you are. | Hm, that's assuming that you have Corporation already setup, right? My experience has been that you can only obtain 1 EIN per person in your lifetime. Is there a way around this, or are you talking about something else? |
05-26-2016
| | Executive [VIP] | | Join Date: Nov 2013
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Activity: 0% Longevity: 60% | | Re: How do you get professional account when they require ssn? Quote:
Originally Posted by alekov Hm, that's assuming that you have Corporation already setup, right? My experience has been that you can only obtain 1 EIN per person in your lifetime. Is there a way around this, or are you talking about something else? | Unlimited amount of EINs. Some say you can only get one a day, but that is not true either. You can get one EIN for one type of entity per day.
How many companies does Donald Trump have with his name or initials on it? It is just under 500 if you did not know. All of course have its own EIN attached.
Most major Hedge Funds(EIN) will own dozens, hundreds and even thousands of EINs and that is an entity in itself.
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05-26-2016
| | Junior Member | | Join Date: Jan 2013
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Activity: 0% Longevity: 65% | | Re: How do you get professional account when they require ssn? Quote:
Originally Posted by yankee Unlimited amount of EINs. Some say you can only get one a day, but that is not true either. You can get one EIN for one type of entity per day.
How many companies does Donald Trump have with his name or initials on it? It is just under 500 if you did not know. All of course have its own EIN attached.
Most major Hedge Funds(EIN) will own dozens, hundreds and even thousands of EINs and that is an entity in itself. | Wow that's great, but let me see if I understand this correct. These are EINs obtained under corporation, not person/sole proprietor? I've tried to get a second one under person and it didn't allow me.
Do you form the corporation first, or just pretend that the corporation exist? I've heard that if you setup EIN under corporation that doesn't exist, even though it allows you to get the EIN, within a month or two Amazon gets a wind of it somehow and shuts down your account? Is that correct?
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05-26-2016
| | Junior Member | | Join Date: Jan 2013
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Activity: 0% Longevity: 65% | | Re: How do you get professional account when they require ssn?
Something like this:
1. Setup corporation (ex Donald LLC)
2. Obtain EIN under Donald LLC
3. Next day apply for another EIN for Donald LLC
4. Next day apply for another EIN for Donald LLC
Setup 3 different stealth accounts for Donald LLC with each EIN and different address/cc/banks, etc?
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05-26-2016
| | Executive [VIP] | | Join Date: Nov 2013
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Activity: 0% Longevity: 60% | | Re: How do you get professional account when they require ssn?
No, not at all. Kraft Corporation owns hundreds of other companies. Each company is its own entity just owned by Kraft.
You can only have one sole proprietor EIN but it does not make any sense to have one. Most taxed, most liability and it is you.
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05-26-2016
| | Executive [VIP] | | Join Date: Nov 2013
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Activity: 0% Longevity: 60% | | Re: How do you get professional account when they require ssn?
Typically you get the EIN from the IRS before registering with the state, so I guess all EINs at one point are not yet companies...
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05-27-2016
| Junior Member | | Join Date: Mar 2013
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Activity: 0% Longevity: 64% | | Re: How do you get professional account when they require ssn?
you can get an ein online just go to the irs website pretty simple
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05-30-2016
| Junior Member
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Activity: 0% Longevity: 58% | | Re: How do you get professional account when they require ssn?
My ssn stealth works But add far as ein how much does allthis cost? ?
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05-30-2016
| | Executive [VIP] | | Join Date: Dec 2009
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Activity: 100% Longevity: 83% | | Re: How do you get professional account when they require ssn? Quote:
Originally Posted by Swizzle My ssn stealth works But add far as ein how much does allthis cost? ? | SSN stealth means....?
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05-31-2016
| Junior Member
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Activity: 0% Longevity: 58% | | Re: How do you get professional account when they require ssn?
meant just ssn
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06-01-2016
| Junior Member | | Join Date: Feb 2016
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Activity: 12% Longevity: 47% | | Re: How do you get professional account when they require ssn? Quote:
Originally Posted by Swizzle meant just ssn | If you use a ssn on a paypal account, does this account still consider as stealth?
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06-01-2016
| | Executive [VIP] | | Join Date: Sep 2007
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Activity: 0% Longevity: 96% | | Re: How do you get professional account when they require ssn? Quote:
Originally Posted by alekov Something like this:
1. Setup corporation (ex Donald LLC)
2. Obtain EIN under Donald LLC
3. Next day apply for another EIN for Donald LLC
4. Next day apply for another EIN for Donald LLC
Setup 3 different stealth accounts for Donald LLC with each EIN and different address/cc/banks, etc? | You seek professional tax advise for this.
Start by looking over the IRS site. www.irs.gov
Free to use and, surprisingly, user friendly. |
06-01-2016
| | Executive [VIP] | | Join Date: Dec 2009
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Activity: 100% Longevity: 83% | | Re: How do you get professional account when they require ssn? Quote:
Originally Posted by butterbear If you use a ssn on a paypal account, does this account still consider as stealth? | If you use your SSN then 1) PP has that info on file forever (for the most part) 2) Why would you want them having access to your real info? 3) Debatable on stealth status even if all steps are followed.
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