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amazon wants tin number
 

i have about 5 stealth amazon accts.i got an e mail saying starting dec 26 all sellers that have over 50 transactions will have to provide a tin number.where do i get that?

thats either your SSN number or a tax id number that you can register with the IRS

but it is steath i cant give ss number how do i get a tin number?

Wrong.

amazon is not asking for the SSN. Dont confuse the terms OR requirements.

This user has been asked for a TIN and that's different from the SSN.

so how would i get a tin number with 5 amazon steath accounts?would i need 5 different ein numbers or could i use the same tin number on all 5 accounts?

I have the same problem Amazon now wants TIN number for any seller who sells more then 50 items in one year. Anyone who sells 200 items, or had $20,000 in sales during a year is automatically notified they need to file a return.
My stealth accounts have slight variation of my name. I dont see how I can proceed to sell (or for that matter anyone with a stealth account) without going over the 50 item limit.
Any help would greatly be appreciated. I really hope there is a way around this formidable problem....

To explain, them(pp or amazon) saying to post your TIN is basically them asking for either SSN, TIN, ITIN, EIN whichever you use.

Each means different things, Please consult your tax advisor what the meaning is for each and how each would be best for your needs.

doing a simple online search as most want to do is not what I mean. That will not get you what you need to understand.

I got the same email today asking for TIN.I havent even sold 200 items yet.
Any suggestions around this?

Give them want they want or you will be constantly dealing with this every time you open an amazon account. Time to start creating quality amazon accounts, selling quality products if you want to last on amazon.

tin numbers and amazon
 

does amazon match tin numbers to your name?

Did you read the post by KingRay?

This applies to ANY of you that have posted in this thread.

CHECK carefully the best options to comply with the IRS requests and to stay stealth.

At some point, ya'll should have had professional tax advice.

You get it from the IRS. You should talk with a CPA to figure out which option you want to go with for tax purposes. Such as DBA, LLC, C Corp etc...

Or while I personally have not gone this route it is said that if you sign up with Amazon as a non US citizen then you will not have to provide the number to them. But then they automatically will 30% of your sales to give to the IRS for their cut.

Citizen or non us citizen you still have to provide the number or w8ben something like it. You have to apply for that form to prove you are a non US citizen. Which required a non US passport to prove it. It is not as easy as some are saying it. Amazon will not automatically hold your 30% because you are a non US citizen. if you are a non US citizen you have to apply under diff tax program and so on n on n on... There is lot more to it. Do your research. If this is that easy every single person will be doing it. Amazon is not reponsinle for paying your taxes to IRS. Best to consult with a CPA and you can only have one TIN per person. If you have 5 accounts you have to apply to amazon to get multiple seller account approval. Which they only do it for big companies. I have done a lot of reading.
I have 4 stealth accounts going

CPAs are EXPENSIVE! I went to one and she wants $125 an hour! I was like HOLY Sh!t.

You think CPA's are expensive, try tax lawyers when you get in trouble for not using a CPA, $500/hour.

I would pick the CPA for $125/hour, but you decide what you want to do. I would rather pay up now then pay more in the future.

Look around for a cheaper CPA for try to negotiate his price, it worked for me.

Amazon TIN
 

Surely the Amazon Ghost Book has to be revised now??? Because how do Stealth Accounts compete with the IRS. There is no way you can make multiple Stealth Accounts and keep them all under 200 items a year. If you sell small items like I do I would have to create 100 Stealth Accounts to even turn a profit that's worth it?? Maybe the Administrators will be able to shed some light on this one or we are DOOMED!! at least as far as Amazon goes.

P.S I dont think Paypal is this bad. I never thought I would see the day when I compared the two and its look like now Paypal is winning over Amazon!!

Paypal is still way worst for most of us. If you had problems with paypal before you can expect problems until you stop using them.

It was announced in 2009 these tax requirements were coming.

Now, months before they are happening, some of you have done nothing to resolve your problems.

For the time being search the forum for the paypal posts on 1099 & EIN. See what glimmer of other options might be there.

If you are making money, then you have a duty to pay TAXES. See a tax professional who can help you ensure you comply with all IRS requirements.

Amazon tin
 

Greenbean I don't think its that simple. Now I just went to the page Amazon supplies for this TIN number-didn't finish the process though...but Amazon wants you to go through an "Interview Process" in order to give them this TIN number. They warn you that before you start the "Interview Process" if they find that any of your information (assuming they are going to do some kind of check) is incorrect then you are Banned! Also before you start you have to Electronically Sign the form. So do we sign under our Stealth Name?? Can't do that or will be in a world of trouble so what do we do?? I;m not sure but is this the same process for PP?

You are right Kev59 its not that simple. Making stealth account is a diff thing as we can provide info and get away with it, but now IRS is involved and that means a lot of trouble. I have provided my SSN on two other sites that I sell on with real account and its all good. I think withdraw all your funds before DEC 26th. I am going to take my money out from my stealth accounts next month and close my accounts. I am also asking help from my CPA friend who is actually free ( its sweet). this trouble is not worth it unless new Ghost guide brings some legit solution.

Legit Solution = Get yourself a EIN or TIN from the IRS

Ok trying to make people understand....how to you get around doing the electronic signature in your Stealth Account. I do not want to sign a Stealth Name that will be given to the IRS?? I do understand the a TIN is easy to get but no one knows for sure if Amazon as they said they would definitely do a "CHECK" will compare names with the Stealth Name & the TIN.

Cardfelon has it right. Pretty much use of TIN EIN, SSN, etc is not a stealthy way to go. That rout is a legit route. IF you want to stay stealth those numbers dont even need brought up. You have to split sales further now to avoid the request from them.

You may say "what if they wont let us open any new account without it?" If that happens then times have changed and since this is all new there has to be work arounds created IF they can be."

These problems are just like any other problem that was figured out over the last few years with ebay and paypal as well.

At this time if you want stealth then split up accounts and avoid. If they ask for TIN and you want to be stealth, abandon the account and start fresh. Not much else you can do.

I am I guess as everyone is about their accounts, very very passionate about Amazon as it has paid the Bills since 2002. So to just pack it up before searching for a solution is a hard pill to swallow for me so I am going to have to search the threads and figure this out. Oh and by the way I have every reciept and keep a daily log of miles, gas etc. So I do taxes every year but do very well because I have 6 kids (MAJOR DEDUCTIONS). I have a TIN already with my real info but don't know how this will pan out if I give it to Amazon. The sound of signing my Stealth Name and Putting my real TIN info in Amazon just makes me sick.

Kev, I really would talk to a tax adviser or business attorney if I were you. seriously, They will help you out and save you way more than what it costs you upfront for sure. The true businesses that will thrive are those that do it correctly. This day and age with PP EB and amazon they are trying to weed out those fly by night operations. If you want to be a real player on any of those sites go about it correctly with a business plan etc.

If you have been using it for income for nearly 10yrs then I would go full blown business and do it all the way. Good luck and great work keeping records that good. many on here need to take heed.

I pay my local tax rep $250 and I have over 100k in sales on amazon alone, not counting paypal.....he gives me a list of everything he needs, and all my records for the breaks. Basically I print out mostly everything with one click, and he does the math. Have been doing it for years........many of you are experiencing this for the first time, so I would suggest researching this a little more.

Well, this Thread provides little help for this problem. Steaalth accounts are doomed if we cant remedy this tax info stuff. But I am not worried because, where there is a will there is a way. Advising us to consult tax professionals and such for stealth accounts? I don't understand this reasoning. , How can you get the ok to do this from a tax pro? In some way shape and form and everyone with a stealth account has the same problem, so how about this? When you consult your $150 an hour CPA, how about you tell us what they suggest? Post it in a thread....

How about we put a little time and effort into keeping with our stealth identities? There is a way around this. We just have to figure it out.

Solution for stealth, spread sales out. Or try to run turn and burns.

If any information you give to Amazon is false, and they forward that information to the IRS and you get flagged because everything does not match, you will be in the Gov'ts crosshairs. This is a situation that you will want to avoid. Lying to Amazon is one thing, lying to the IRS is quite another. If you are stealth on Amazon right now, the end is near. Enjoy it while it lasted. All good things come to an end. No work a round for stealth. Get used to it, and move on.:mad2:

Disagreed. Stealth is not going to be dead. SPREAD YOUR SALES AND ACCOUNTS!

Agreed. Instead of being cynical a little thinking will not kill anyone. We still have 2 months to think.

i have had an account banned 2 or 3 years ago from amazon due to being a new seller and giving a few refunds for defective items.

I have a ein for my corporation but i am the registered owner of the corporation.

I guess this is a tough one for someone who cant use real info. I dont think splitting up account will be feasible. i have over 400 monthly transactions over 2 accounts. that would require me to make about 4 accounts per month. Not to mention managing 50 accounts is nearly impossible.

Hi
I received the same e-mail yesterday from googlecheckout about tin number.
I do not use stealth account, all information is real under my account, but i'm selling VERo products and not quiet sure if i can get TIN number with IRS, i mean i will need to specify what kind of sales i do...
Any advise will be appreciated.
Thanks

Sure, you can do this with ebay, but can you imagine the effort to make 5-10 new Amazon accounts per month. Amazon is alot more rigid with the requirements to open a new account. As people start making a zillion accounts, don't you think Amazon is gonna start cracking down on this by requiring a legitimate SS# for every new account. Sheeeeeesh, were toast!:mad2:

Its going to be very difficult so only determined sellers will make it through this I think.

amazon will not crack down on that.why?no more amazon steath sellers will hit them in the wallet,as greenbean and king ray stated,spread your sales out amoung lots of accounts.here is one example.amazon whats ss or tin number after 50 transactions.you need to sell products worth alot more than 15.00 or 20.00.so you reach your 50th transaction.then you get the old we need your tin number,dont forget they will give you a time frame to give it to them.by then you slamed another 20-30 transactions,then bye bye amazon account.now if you are selling items in the 50.00-100.00 range ,lets do the math.all you have to do is visit mr poindexter at the bank and well he is going to say how many bank accounts for today mr smith.i guess what iam saying is open a bank acct 150.00-300.00 to open new acct.profit for that whole steath account maybe 3000.00.its worth it.just another loop hole to jump over.

Hit and run. But the thing is if you are selling big ticket items at say 150.0 a pop. They will put account into review. this will BLOW!!!

wrong answer my friend. keep it under 750.00 or 700.00 a month, iam not sure .smooth sailing.its a go big time.............

You all are looking at this they completely wrong way. If you are going to sell on amazon, then you need to sell REAL items, NO FOO-FOOs and create the accounts to last. Here are all the problems with many of you "genius's" out there are thinking:

- Amazon is making you provide tax info no matter how many items or amount of income you make.

- Creating 100 stealth accounts will not work for many reasons.
1. If they detect you are doing this, then they will delete all accounts and you will get NO money. See some threads about this already.
2. If you create a stealth account to burn and turn knowing you arent going to enter tax info then you will be limited very soon and you will have to wait 90 days to get the money from the few items you sold.

-Its time for 99% of you people to create an account to last, sell non vero and quality items, and learn how to play the game the right way. If you think amazon is a pain, then the online selling world is going to hit you like a brick house, because this is how ALL online selling will be vero soon. I could go on for ages about this, but at the end of the day if you want a consistent income, no headaches, and the ability to go to bed and wake up in the morning knowing if you and will always have an account is to do this. Why do none of you understand this?

I agree with redshoot.. Stealth accounts are gonna be gone after dec26th. So its time to get real and open a real account and sell things that are not foo foo. Do not play with fire by messing with IRS. Its time to get real. Make all the money you want in next month n half and say bye bye to stealth accounts.