Ye.
Add an EIN. That of course means youll start paying taxes.
Another solution is to leave the account until next year and selling on other accounts - spreading your sales.
Quite a few threads discuss this issue so do your research.
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AGED SUPER HIGH LIMIT ACCOUNTS: 10,000/$1,000,000 and 25,000/$500,000
Just to add on to the convo - you should be paying taxes on your profits regardless of whether or not you have a tax ID on file with Paypal. I understand most who use stealth accounts don't report their income, but that's money laundering and can get you in huge trouble if you're ever investigated.
@OP - Like the others have said, it's an annual limit so the account will reset next year if you don't give a tax ID.
Just to add on to the convo - you should be paying taxes on your profits regardless of whether or not you have a tax ID on file with Paypal. I understand most who use stealth accounts don't report their income, but that's money laundering and can get you in huge trouble if you're ever investigated.
@OP - Like the others have said, it's an annual limit so the account will reset next year if you don't give a tax ID.
Actually that would be considered tax evasion - not money laundering.
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AGED SUPER HIGH LIMIT ACCOUNTS: 10,000/$1,000,000 and 25,000/$500,000
Ebay account that gets the 200 & 20k email 
