Re: Question about PayPal 20K Sales Year Reset
If you just got the notice, then you have some time, they do not immediately limit your account because of it. But you WILL have to supply the information at some point. Most people get an EIN and use that. But others also stop using it and just resume the following year. It is my understanding this HAS worked in the past, but nobody can say for sure that it will work in the future.
I would encourage you to get an EIN. You can get one FREE at the IRS website and then you will not have to worry about this issue anymore.
|