A way to get EIN#s for multiple stealth accounts

[yankee]

Originally Posted by Yasav

Thanks Gladiator.

And if I request an EIN right now (without LLC) how would I be able to upgrade my PP to a business account? Is it even possible?

Get your FREE EIN and upgrade to business. You really need to file an LLC within 2 years with a state but you have little reason not to file by year end if you file in WY.
Make sure you choose the right entity taxed the best way. I like Multi member LLC taxed as S-Corp or a straight up S-corp.

[johnwick1]

Originally Posted by Gladiator

Yes. If you are in one of the 7 states with no income tax, absolutely.

https://www.quora.com/If-I-own-a-Wyo...x-where-I-live

Okay that is what I read. I suppose because I don't live in that state it wouldn't apply even though I have the LLC. ok.

[Gladiator]

You pay state and federal unless you’re in one of those states. Wyoming doesn’t tax your LLC and you won’t pay tax on it to the state you live in, that’s the advantage.

[davidwang]

Can foreigner apply EIN?

[IMEX1PCT]

Originally Posted by yankee

You are over complicating it.

This is how it goes:

Sell on stealth account. When required by paypal, upgrade to business, change details to your business details including EIN. When asked for last four of your SS add the last four of your EIN. Continue selling. Get rich. End of story.

thanks for this input yankee.

i have a clarification to ask please:

suppose i have a good stealth running. it asks me for ssn, so i upgrade to business, and i simply enter my llc info and last for of ein as ssn? does this still work as of today?( Nearly June 2019)

thank you i hope you dont mind answering

[ungatelord]

Originally Posted by phaz0rz

You are allowed to apply for 1 EIN every day on the IRS website. The only type of EIN with a limitation is sole proprietor which you can only have one of. Giving the IRS "stealth info" on an EIN application is fraud - don't do that.

You don't get an EIN by forming an LLC. You get an EIN first then form your LLC around it.

You can do it either which way, I formed my LLC then applied for an EIN. Because you don’t need an EIN until you make an income, so you could start a business then shelf it for 10 years if you wanted, with no EIN, and it would be no problem.

[IMEX1PCT]

Originally Posted by IMEX1PCT

thanks for this input yankee.

i have a clarification to ask please:

suppose i have a good stealth running. it asks me for ssn, so i upgrade to business, and i simply enter my llc info and last for of ein as ssn? does this still work as of today?( Nearly June 2019)

thank you i hope you dont mind answering

can anyone help please?

im operating a successful stealth atm and the time is approaching where i am reaching the 200 items or 20000 threshold.


thank you

[roboulos]

Originally Posted by IMEX1PCT

can anyone help please?

im operating a successful stealth atm and the time is approaching where i am reaching the 200 items or 20000 threshold.


thank you

Would like to know the answer to this as well. If they won't accept the EIN digits, then it seems the account must be dumped.

[casgroup]

Originally Posted by IMEX1PCT

thanks for this input yankee.

i have a clarification to ask please:

suppose i have a good stealth running. it asks me for ssn, so i upgrade to business, and i simply enter my llc info and last for of ein as ssn? does this still work as of today?( Nearly June 2019)

thank you i hope you dont mind answering

can anyone provide an answer to the current climate regarding this please?