Re: I need to start selling on eBay
Sell beyond what? I don't understand the question.
Every new seller account has some kind of limits. But they can increase quickly if you run your online business professionally. Always ship the same day or the next day, input tracking numbers and be polite to customers.
As far as the 200 items / $20,000 in gross receipts that triggers the IRS reporting requirement, PayPal will ask for your tax-ID when their algorithm decides that you are likely to go over that amount. They do not wait for you to have 190 sales or $19,000 in gross receipts. It can be triggered when you have received as little as $5,000 - depending on how fast you received it. If you do not want to go over the threshold, I would recommend spacing your sales and having no more than $1,300 per month on the account. It will STILL eventually trigger the reporting requirement, but it will happen less quickly.
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