Same EIN on Paypal - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Platform Discussions > PayPal Talk

PayPal Talk PayPal Forums. General issues related to PayPal.

Reply
 
Thread Tools
  #1  
Old 04-20-2015
Junior Member
 
Join Date: Feb 2014
Posts: 445
Thanks: 11
Thanked 26 Times in 17 Posts
Activity: 0%
Longevity: 58%
iTrader: (1)
Default Same EIN on Paypal

Hi Everyone,

I received an email from Paypal requesting my EIN, so i called the IRS and they told me i am only allowed to have one EIN number associated with my Social Security Number.


I now have my EIN number, I am thinking this is the same number i provided Paypal on a previous stealth account that got limited a year ago.

I am trying to find out if i can use this number on my new Paypal, I changed my business name also. and my Paypal account is under the new business name i created. I am not sure if it would get linked or not.

Thanks!

Last edited by Chris18181; 04-20-2015 at 01:20 PM.
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 04-20-2015
plumsake2's Avatar
Senior Member
 
Join Date: Apr 2013
Posts: 358
Thanks: 120
Thanked 178 Times in 126 Posts
Activity: 0%
Longevity: 64%
iTrader: (14)
Default Re: Same EIN on Paypal

If you try to reuse that number you're going to easily link the account together and your new Paypal is going to get limited too.

Yes, you can only have 1 EIN per SSN, but that's in regards to the sole proprietor business structure. LLCs and Corporations can have multiple EINs. And you can have as many companies as your situation allows.
Reply With Quote
The Following 2 Users Say Thank You to plumsake2 For This Useful Post:
outofluck (04-29-2015), secret storm (04-21-2015)
  #3  
Old 04-20-2015
Junior Member
Threadstarter  
 
Join Date: Feb 2014
Posts: 445
Thanks: 11
Thanked 26 Times in 17 Posts
Activity: 0%
Longevity: 58%
iTrader: (1)
Default Re: Same EIN on Paypal

I already gave them the EIN, hopefully i'll be ok, I called the IRS and they changed the business name, so it matches my Paypal Business Account.
Reply With Quote
  #4  
Old 04-22-2015
Junior Member
 
Join Date: Oct 2013
Posts: 161
Thanks: 11
Thanked 5 Times in 4 Posts
Activity: 0%
Longevity: 61%
iTrader: (0)
Default Re: Same EIN on Paypal

Quote:
Originally Posted by Chris18181 View Post
I already gave them the EIN, hopefully i'll be ok, I called the IRS and they changed the business name, so it matches my Paypal Business Account.
So you filed for EIN not as sole proprietorship but as business?
Reply With Quote
  #5  
Old 04-22-2015
Junior Member
Threadstarter  
 
Join Date: Feb 2014
Posts: 445
Thanks: 11
Thanked 26 Times in 17 Posts
Activity: 0%
Longevity: 58%
iTrader: (1)
Default Re: Same EIN on Paypal

no i filed as sole proprietorship
Reply With Quote
  #6  
Old 04-23-2015
Junior Member
 
Join Date: Oct 2013
Posts: 161
Thanks: 11
Thanked 5 Times in 4 Posts
Activity: 0%
Longevity: 61%
iTrader: (0)
Default Re: Same EIN on Paypal

because i also filed as sole proprietorship and already used the ein on a old stealth.But I am being asked for ein on a new steath and was afraid I might get linked if I tried to re-use this ein.
What do you mean by changed the business name on the ein if its filed under sole proprietorship.
Reply With Quote
  #7  
Old 04-23-2015
Junior Member
Threadstarter  
 
Join Date: Feb 2014
Posts: 445
Thanks: 11
Thanked 26 Times in 17 Posts
Activity: 0%
Longevity: 58%
iTrader: (1)
Default Re: Same EIN on Paypal

that is just what i did, except i called the IRS and they were able change the business name but the EIN number was still the same, I gave Paypal my EIN number but i haven't got linked yet
Reply With Quote
  #8  
Old 04-24-2015
plumsake2's Avatar
Senior Member
 
Join Date: Apr 2013
Posts: 358
Thanks: 120
Thanked 178 Times in 126 Posts
Activity: 0%
Longevity: 64%
iTrader: (14)
Default Re: Same EIN on Paypal

There are two things wrong here:

1. Reusing the EIN on another stealth account
and
2. Using a Sole Proprietor EIN for stealth

For #1, any unique information that you reuse will link you, there's no getting around that. Only one person will ever be assigned that EIN, so it is a very obvious link to you. They may not have taken action yet, but I can guarantee you that they will eventually.

For #2, the issue is that sole proprietor EINs are tied to you and your real information because in that business structure you (the person) are the legal entity vs a LLC or corporation where the business is the legal entity and so the EIN would be tied to the business. Jeffweico is very knowledgeable on this subject so I would recommend checking out his post about it here as well as his other posts on the subject.

I wouldn't rely on this account to last very long. Best to start over on a new account and have a new EIN ready if you need it.
Reply With Quote
The Following 3 Users Say Thank You to plumsake2 For This Useful Post:
entohouse (05-06-2015), GreenBean (04-24-2015), outofluck (04-29-2015)
  #9  
Old 04-25-2015
Junior Member
Threadstarter  
 
Join Date: Feb 2014
Posts: 445
Thanks: 11
Thanked 26 Times in 17 Posts
Activity: 0%
Longevity: 58%
iTrader: (1)
Default Re: Same EIN on Paypal

ya i know it won't last long, that's why i am already in the process of getting another
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



Aspkin Group

All times are GMT -5. The time now is 05:50 AM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58