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Re: How to bypass the 20k limit on a stealth account
 

Well
this sucks now I have over 100 active listing and I get the first warning from Paypal that I need to provide EIN or SS.

As I understand it, I shouldn't be listing those same items on another account...and even if I do, I will need to take new pictures, new listing/description, etc...

Here's what I want to do and please let me know if it is ok:
1, get EIN with matching name of a multi-member LLC to my stealth eBay/paypal account.
2, apply this EIN to my Paypal, upgrade to business account.
3, keep selling pass the 200/20k limit to get the 1099 and file tax.

The only thing I need help on is number 3, since the eBay name is not real, will IRS/Paypal have issue with 1099 if only the business name is the same for both eBay/Paypal?

Re: How to bypass the 20k limit on a stealth account
 

I believe when you upgrade to a business account you need to enter a business name. This business name needs to match the name on the EIN. This means you wont have any issues getting the 1099. Its paypal who issue it - not ebay.