PayPal 20k Limit. Info and Questions.
Hi all,
I have couple questions about PP limit and is it OK providing your own info.
I have several stealth accounts and couple legit ones. First of all, this 20K limit doesn't work as I have read in Sticky Post above about PP Limits. After I reached $10k in sales my PP got limited with "Unable to Close PP account". That was fine, however after I passed $15k in sales they gave me new limitation that I no longer able to receive money from ebay, therefore I can't list new items. So that's where my sales ended at that account at $15k of sales, not $20k as some people say. My question is, if I wait until next year, will this limitations drop or they will stay until I enter my SSN? I hope that someone had this issue before, and will be able to give me clear answer.
Another issue I have is it safe providing your own SSN or EIN to IRS when your merchandise in not always 100% original, genuine, or authentic. Will IRS care about what you actually sell, or they only worry that you pay your taxes to them? All thoughts are welcome. Thanks.
|