Confirm your U.S. taxpayer status
Because you receive payment for goods and services through PayPal, we need to verify your U.S. tax status. Your U.S. taxpayer information will be used to prepare the IRS Form 1099-K when it is necessary. You can refer to the instructions provided by the IRS.
How can I handle this matter ????
does your EIN has to match info on the PP account?
Because you receive payment for goods or services through PayPal, we need to verify your taxpayer status. This is required by the U.S. Internal Revenue Service (IRS).
If your taxpayer status is not confirmed, your PayPal account will be limited, and you won’t be able to request or receive money.
If you’re subject to U.S. tax reporting requirements, we’ll also need to collect your tax identification number. The identification number you provide will be used to submit Form 1099-K to the IRS when the payments you receive in a calendar year meet the income reporting thresholds set by the IRS. You can learn more about the IRS reporting requirements at www.paypal.com/irs.
If you have multiple PayPal accounts, you’ll need to verify your taxpayer status for each account.
What can I do about this?
Last edited by TGMT²; 05-28-2018 at 12:59 AM.
|