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-   Amazon X (https://www.aspkin.com/forums/amazon-x/)
-   -   Asking for EIN when signing up for individual account? (https://www.aspkin.com/forums/amazon-x/61715-asking-ein-when-signing-up-individual-account.html)

rsot 08-03-2013 05:44 AM

Oh ok feedback among your own accounts - understood

GreenBean 08-03-2013 07:22 PM

Quote:

Originally Posted by machine1 (Post 473653)
buying gift cards but don't use 1 gift card and put feedback on other stealth accounts .. I lost 5 account doing that . 1 gift card 1 feed back

Big risk of linking. amazon will spring you.

:mod:

jeffweico 08-03-2013 07:26 PM

Quote:

Originally Posted by Ted123 (Post 473498)
Machine1.... with 30 stealth Amazon accounts, did you have to use 30 different EIN numbers ?

Once 50 sales are reached, you will have to provide an SSN or EIN for each one. You can have as many EIN's as you want, but there is paperwork involved. If that is your goal, you might want to speak with a tax professional first.

john456 08-03-2013 08:13 PM

There are no gotchas having many EINs in the US?

Quote:

Originally Posted by jeffweico (Post 473819)
Once 50 sales are reached, you will have to provide an SSN or EIN for each one. You can have as many EIN's as you want, but there is paperwork involved. If that is your goal, you might want to speak with a tax professional first.


jeffweico 08-04-2013 12:58 AM

Quote:

Originally Posted by john456 (Post 473834)
There are no gotchas having many EINs in the US?

No gotcha's. Many business owners have an EIN for each business they own. Like, if someone owns 3 restaurants, each may have it's own EIN to keep everything separate. In fact, sometimes it can be a requirement depending on the circumstances. Having said that, 30 EIN's would be an unusually high number, which is one of the reasons I suggested talking with a tax professional first. That will ensure that everything is legal.

mercurial333 08-05-2013 03:05 PM

Quote:

Originally Posted by john456 (Post 473834)
There are no gotchas having many EINs in the US?

Whether you pay or don't pay taxes, or what you do with them, you still don't want to get audited by the IRS, even if you are 100% in the right. It's a hassle.

IRS system is just like banks, or Paypals system. Bots look for stuff and flag it. Then it gets manually reviewed.

robsut 08-06-2013 01:34 PM

I am in the U.K and i also have been asked to provide tax details as if i was living in the USA on a stealth account, obviously i said i was in the U.K. and submitted details to say that exactly as my stealth is set up. I think it is down to the VCC i purchased as it is the only thing that could link me to the USA as i don't know where it originated from. This has never happened before. I now purchase my own here in the U.K. and have no problems

rsot 08-07-2013 10:12 AM

Quote:

Originally Posted by jeffweico (Post 473888)
No gotcha's. Many business owners have an EIN for each business they own. Like, if someone owns 3 restaurants, each may have it's own EIN to keep everything separate. In fact, sometimes it can be a requirement depending on the circumstances. Having said that, 30 EIN's would be an unusually high number, which is one of the reasons I suggested talking with a tax professional first. That will ensure that everything is legal.

Very nice breakdown jeffweico - that is quite contrary to up here.


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