Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year) - 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 Limited

Paypal Limited PayPal Limited Account – A general forum on PayPal limitations and how to either lift them or create new accounts.

Reply
 
Thread Tools
  #1  
Old 10-05-2017
Junior Member
 
Join Date: Jan 2015
Posts: 63
Thanks: 95
Thanked 5 Times in 5 Posts
Activity: 0%
Longevity: 53%
iTrader: (0)
Default Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

Just received 2 emails from paypal on 2 business paypal stealth accounts (both almost 2 years old), last year i paid the tax without problem and i never change any detail.

Here is the email :

Dear XXXXXX,


As you receive payments for goods or services through PayPal, we submit a tax Form 1099-K as required by the U.S. Internal Revenue Service (IRS), when the payments you receive meet the reporting thresholds set by the IRS. The Name and Tax Identification Number (TIN) we have on file was used for Form 1099-K reporting for tax year 2016. However, this information doesn’t appear to match the information on file with the IRS.

To correct this, please follow these steps:
Download U.S. IRS tax form W-9 here, fully complete, and sign the form
Login to your PayPal account
Go to the Resolution Center to upload the tax form W-9.
Note:
If you have multiple PayPal accounts, you may need to verify your TIN is accurate for each account.
You can learn more about the IRS reporting requirements at www.gaypal.com/irs.
If the IRS requests any further information updated, we will notify you accordingly.
If you have questions, please go to Help & Contact at the bottom of any PayPal page.

Thank you,

PayPal
Was this email helpful? Please click here to let us know how we're doing at keeping you informed.

Question : Should i just fill out the W-9 with stealth info except the business name & EIN ?

Thank You
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 10-05-2017
Lisa2012's Avatar
Junior Member
 
Join Date: Jul 2012
Posts: 11
Thanks: 0
Thanked 2 Times in 2 Posts
Activity: 0%
Longevity: 68%
iTrader: (1)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

I got the exact email on my two paypal accounts. Does anyone have any suggestions? They both have EIN numbers taxes paid on both last year and now this email. Any help would be greatly appreciated
Reply With Quote
  #3  
Old 10-05-2017
SaiJin's Avatar
Super Moderator
 
Join Date: Jul 2008
Posts: 15,901
Thanks: 318
Thanked 2,536 Times in 2,190 Posts
Activity: 69%
Longevity: 91%
iTrader: (2)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

So you guys passed the $20.000 / 200 mark eh...

I'd fill up using the stealth info. Reason being if they see that the info doesn't match the info for your PP, they may limited you immediately.

Then I'll stop using these 2 accounts for now until this is sorted out and make sure the account is emptied out.
Reply With Quote
The Following User Says Thank You to SaiJin For This Useful Post:
camouflage (10-06-2017)
  #4  
Old 10-06-2017
Junior Member
Threadstarter  
 
Join Date: Jan 2015
Posts: 63
Thanks: 95
Thanked 5 Times in 5 Posts
Activity: 0%
Longevity: 53%
iTrader: (0)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

Quote:
Originally Posted by SaiJin View Post
So you guys passed the $20.000 / 200 mark eh...

I'd fill up using the stealth info. Reason being if they see that the info doesn't match the info for your PP, they may limited you immediately.

Then I'll stop using these 2 accounts for now until this is sorted out and make sure the account is emptied out.
Hi Saijin,

Yes, its long time i passed the mark. Last year i put an EIN at both account and paid the taxes at Jan 2017. Yesterday i got same emails on both accounts. The EIN/LLC still active and nothing change.

From what i understand, if i send the W-9 to Paypal with stealth info except Business Name + EIN number, there is no chance Paypal can validate all the info except the Business name match or no match. Am i correct here?
Reply With Quote
  #5  
Old 10-06-2017
Junior Member
 
Join Date: Nov 2014
Posts: 182
Thanks: 78
Thanked 11 Times in 11 Posts
Activity: 0%
Longevity: 54%
iTrader: (0)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

Quote:
Originally Posted by camouflage View Post
Hi Saijin,

Yes, its long time i passed the mark. Last year i put an EIN at both account and paid the taxes at Jan 2017. Yesterday i got same emails on both accounts. The EIN/LLC still active and nothing change.

From what i understand, if i send the W-9 to Paypal with stealth info except Business Name + EIN number, there is no chance Paypal can validate all the info except the Business name match or no match. Am i correct here?
W-9 says Name (as shown on your income tax return). Name is required on this line; do not leave this line blank.
What does this mean ? Should I just put the stealth name on ?
Will it be validated by IRS ? I think PayPal does not care.
Reply With Quote
The Following User Says Thank You to JamesLee For This Useful Post:
camouflage (10-06-2017)
  #6  
Old 10-06-2017
Senior Member
 
Join Date: Jan 2015
Posts: 584
Thanks: 293
Thanked 111 Times in 66 Posts
Activity: 0%
Longevity: 53%
iTrader: (0)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

Definition of a Limited Liability Company or LLC. Like a corporation, a limited liability company or "LLC," is a separate and distinct legal entity. This means that an LLC can get a tax identification number, open a bank account and do business, all under its own name. So you shouldn't have to put your name on the W-9 because you would be filing taxes under the LLC. Do you have an accountant you could ask about this?
Reply With Quote
  #7  
Old 10-06-2017
newjerseymax's Avatar
Executive [VIP]
 
Join Date: Apr 2010
Posts: 2,842
Thanks: 1,090
Thanked 683 Times in 494 Posts
Activity: 0%
Longevity: 81%
iTrader: (6)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

I got the same. I sent them some info.

Just few weeks ago I called IRS updated my EIN to match my paypal. I just got the new copy in mail with correct address and info matching account. I uploaded it. lets see what happens.

I did almost 100k in sales on it and paid my taxes also.
__________________
"Mark 11.24 Whatsoever ye desire, believe that ye have it, and it is yours"
Reply With Quote
The Following User Says Thank You to newjerseymax For This Useful Post:
camouflage (10-06-2017)
  #8  
Old 10-06-2017
Junior Member
Threadstarter  
 
Join Date: Jan 2015
Posts: 63
Thanks: 95
Thanked 5 Times in 5 Posts
Activity: 0%
Longevity: 53%
iTrader: (0)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

Quote:
Originally Posted by newjerseymax View Post
I got the same. I sent them some info.

Just few weeks ago I called IRS updated my EIN to match my paypal. I just got the new copy in mail with correct address and info matching account. I uploaded it. lets see what happens.

I did almost 100k in sales on it and paid my taxes also.
I just go ahead uploaded the W-9 form today. Put all stealth info EXCEPT the business name and the EIN. Will update here when they finished the review.
Reply With Quote
  #9  
Old 10-06-2017
SaiJin's Avatar
Super Moderator
 
Join Date: Jul 2008
Posts: 15,901
Thanks: 318
Thanked 2,536 Times in 2,190 Posts
Activity: 69%
Longevity: 91%
iTrader: (2)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

I really hope it works out for you. This is the reason why I never go beyond the treshold.
Reply With Quote
The Following User Says Thank You to SaiJin For This Useful Post:
camouflage (10-07-2017)
  #10  
Old 10-09-2017
Junior Member
 
Join Date: Nov 2014
Posts: 182
Thanks: 78
Thanked 11 Times in 11 Posts
Activity: 0%
Longevity: 54%
iTrader: (0)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

I have 10 stealth accounts need W-9 to upload, I am trying to figure out how to walk around...
Reply With Quote
  #11  
Old 10-09-2017
Senior Member
 
Join Date: Jan 2015
Posts: 584
Thanks: 293
Thanked 111 Times in 66 Posts
Activity: 0%
Longevity: 53%
iTrader: (0)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

Quote:
Originally Posted by SaiJin View Post
I really hope it works out for you. This is the reason why I never go beyond the threshold.
After reading this I won't be going beyond the threshold either. I'll just keep like 10 accounts running or something and work on building an offline income.
Reply With Quote
  #12  
Old 10-09-2017
SaiJin's Avatar
Super Moderator
 
Join Date: Jul 2008
Posts: 15,901
Thanks: 318
Thanked 2,536 Times in 2,190 Posts
Activity: 69%
Longevity: 91%
iTrader: (2)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

That's a good motivation.

Just operate the number of accounts that you are comfortable with then grow more depending on your goals.

I still recommend the stealth guide if you are going my route.
Reply With Quote
  #13  
Old 10-11-2017
Junior Member
 
Join Date: Oct 2017
Posts: 6
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 37%
iTrader: (0)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

Any updates? Got the same email a few days ago. 5 year old account. Taxes paid in 2014, 2015, 2016. no info has changed.
Reply With Quote
  #14  
Old 10-11-2017
Junior Member
Threadstarter  
 
Join Date: Jan 2015
Posts: 63
Thanks: 95
Thanked 5 Times in 5 Posts
Activity: 0%
Longevity: 53%
iTrader: (0)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

Quote:
Originally Posted by Broadwaygirl View Post
Any updates? Got the same email a few days ago. 5 year old account. Taxes paid in 2014, 2015, 2016. no info has changed.
I uploaded the W-9 since Friday, still dont get any reply from them.
Reply With Quote
  #15  
Old 10-11-2017
Junior Member
 
Join Date: Oct 2017
Posts: 6
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 37%
iTrader: (0)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

Sent everything in. Account has always been in excellent standing, taxes always paid, and never had any issues. I followed up by calling them to make sure they didn't need any additional documents, they said it takes a week to review as they are backed up.

According to the rep, over the past couple weeks did have a lot of 1099ks come back to PayPal as mismatches with irs. I wonder why. I hope PayPal wasn't hacked like equifax was. Just seems strange, as all my info has always been correct, and I even called the IRS to confirm
Reply With Quote
  #16  
Old 10-12-2017
SaiJin's Avatar
Super Moderator
 
Join Date: Jul 2008
Posts: 15,901
Thanks: 318
Thanked 2,536 Times in 2,190 Posts
Activity: 69%
Longevity: 91%
iTrader: (2)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

I'll say it again, people in general want the easy way out. They'd rather operate in content and go through the treshold rather than operating multiple accounts and be below that.

Also, being below the threshold doesn't mean you don't need to pay taxes, you do... you just wont be harassed by paypal about it like most of these people.
Reply With Quote
  #17  
Old 10-14-2017
Junior Member
 
Join Date: Nov 2014
Posts: 182
Thanks: 78
Thanked 11 Times in 11 Posts
Activity: 0%
Longevity: 54%
iTrader: (0)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

Any update ?
Reply With Quote
  #18  
Old 10-16-2017
Junior Member
 
Join Date: Oct 2017
Posts: 6
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 37%
iTrader: (0)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

No updates from me - I submitted everything last week and have t heard anything yet. Anyone else?
Reply With Quote
  #19  
Old 10-16-2017
Junior Member
 
Join Date: Aug 2015
Posts: 143
Thanks: 7
Thanked 7 Times in 7 Posts
Activity: 0%
Longevity: 50%
iTrader: (0)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

Please keep us updated. Do we just ignore the message?
Reply With Quote
  #20  
Old 10-16-2017
Junior Member
Threadstarter  
 
Join Date: Jan 2015
Posts: 63
Thanks: 95
Thanked 5 Times in 5 Posts
Activity: 0%
Longevity: 53%
iTrader: (0)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

No update so far.
Reply With Quote
  #21  
Old 10-17-2017
Junior Member
 
Join Date: Oct 2017
Posts: 6
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 37%
iTrader: (0)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

No update for me either. It's now been a week, they did tell me it would take that long so I hope to have news tomorrow. This sure is frustrating, right as the busy sales season approaches to have to deal with this. My PayPal is a legit account - not stealth, and all info is correct.
Reply With Quote
  #22  
Old 10-17-2017
SaiJin's Avatar
Super Moderator
 
Join Date: Jul 2008
Posts: 15,901
Thanks: 318
Thanked 2,536 Times in 2,190 Posts
Activity: 69%
Longevity: 91%
iTrader: (2)
Default Re: Got email from PP regarding TIN / EIN doesn't match (Paid taxes last year)

I hope that while all of you are waiting for the results to come back, you are already processing multiple back up accounts and working on them?
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


Similar Threads
Thread Thread Starter Forum Replies Last Post
EIN info doesn't match, can I create new account? kirkland eBay Discussion! 1 04-15-2017 05:34 PM
Tracking doesn't match item location, will there be any problems? NoBrainer eBay & PayPal International 4 12-31-2014 05:40 AM
Address doesn't match IP location gregory Subscriber Discussions 12 03-23-2012 06:51 PM
Just sign up new paypal+confirm my information but doesn't match ?? maprod UK PayPal Talk 9 08-15-2011 05:25 AM
Bank account name doesn't match PayPal name Celtics330 Paypal Limited 5 05-23-2010 04:55 PM


Aspkin Group

All times are GMT -5. The time now is 02:58 PM.


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