Paypal Tax info- sneaky *******s
I was under the impression that Paypal only allowed you two paypal accounts one business and one personal. I got email today to provide my SSN, of course I did not, but I did supply my EIN. I will not reach the threshold so there should not be an issue. The name is in a business "partner" but I put the EIN in my own name as I was told that the IRS does not match "paypal" names with EIN, that all the IRS cares about is that the information on EIN application is correct (which it is).
Now for the sneaky ******* part. The email stated and I quote:
"If you have multiple PayPal accounts, repeat these steps for each account."
WTF, if you are allowed only two paypal account that is NOT multiple but two. So it should say, "if you have a business and personal account please provide for both" I wonder how many people are going to supply tax ID to MULTIPLE accounts. Sneaky *******s.
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