Paypal Stealth - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Platform Discussions > eBay Discussion!

eBay Discussion! EBay Forum. News, Updates, or Anything eBay is Welcome. A kind of lounge if you will.

Reply
 
Thread Tools
  #1  
Old 02-08-2020
Subscribed [VIP]
 
Join Date: Jan 2020
Posts: 50
Thanks: 0
Thanked 2 Times in 2 Posts
Activity: 0%
Longevity: 24%
iTrader: (0)
Default Paypal Stealth

Do I really need to have an EIN for paypal stealth if I need to have sales more than $1000 per month?
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 02-08-2020
Junior Member
 
Join Date: Feb 2018
Posts: 103
Thanks: 2
Thanked 14 Times in 13 Posts
Activity: 0%
Longevity: 35%
iTrader: (0)
Default Re: Paypal Stealth

Once you will hit 200 / 250 Sales or 15/20K In revenue you will be asked to provide the relevant information. so you better have it ready if you are planning to work with US accounts.
Reply With Quote
  #3  
Old 02-08-2020
slokor's Avatar
Executive [VIP]
 
Join Date: Aug 2008
Posts: 9,930
Thanks: 380
Thanked 2,659 Times in 1,966 Posts
Activity: 10%
Longevity: 91%
iTrader: (90)
Default Re: Paypal Stealth

It is regulated by the IRS. Paypal is obligated to ask for an EIN once you reach 420k in one year (or if they project youll reach that amount in a year).
No way around it.
__________________
AGED SUPER HIGH LIMIT ACCOUNTS: 10,000/$1,000,000 and 25,000/$500,000
NEW LOWER PRICING!
ENTER MY STORE OR CONTACT ME
Reply With Quote
  #4  
Old 02-08-2020
Subscribed [VIP]
Threadstarter  
 
Join Date: Jan 2020
Posts: 50
Thanks: 0
Thanked 2 Times in 2 Posts
Activity: 0%
Longevity: 24%
iTrader: (0)
Default Re: Paypal Stealth

Quote:
Originally Posted by slokor View Post
It is regulated by the IRS. Paypal is obligated to ask for an EIN once you reach 420k in one year (or if they project youll reach that amount in a year).
No way around it.
but if I stay under that mark I won't need to provide am I correct? And can I also used multiple paypal account for a single ebay account so I can spreadout the sales? Cause EIN is very expensive in my place.
Reply With Quote
  #5  
Old 02-09-2020
animekings99's Avatar
Senior Member
 
Join Date: Jul 2014
Posts: 600
Thanks: 68
Thanked 78 Times in 62 Posts
Activity: 0%
Longevity: 56%
iTrader: (0)
Default Re: Paypal Stealth

You can use a ssn or a friend or family just make sure you get the ok from them u need it for tax.
Reply With Quote
  #6  
Old 02-09-2020
Subscribed [VIP]
Threadstarter  
 
Join Date: Jan 2020
Posts: 50
Thanks: 0
Thanked 2 Times in 2 Posts
Activity: 0%
Longevity: 24%
iTrader: (0)
Default Re: Paypal Stealth

Quote:
Originally Posted by animekings99 View Post
You can use a ssn or a friend or family just make sure you get the ok from them u need it for tax.
well I am using an account that I bought from the account shop suggested.. so I need my way around EIN actually looking forward to hearing your thoughts about this thanks
Reply With Quote
  #7  
Old 02-09-2020
Junior Member
 
Join Date: Feb 2016
Posts: 119
Thanks: 43
Thanked 15 Times in 13 Posts
Activity: 10%
Longevity: 47%
iTrader: (0)
Default Re: Paypal Stealth

Go apply for an EIN with your SSN. regardless how many transactions you have, Just stop selling at 16-18k sales and you won't get a 1099
Reply With Quote
  #8  
Old 02-09-2020
Subscribed [VIP]
Threadstarter  
 
Join Date: Jan 2020
Posts: 50
Thanks: 0
Thanked 2 Times in 2 Posts
Activity: 0%
Longevity: 24%
iTrader: (0)
Default Re: Paypal Stealth

Quote:
Originally Posted by butterbear View Post
Go apply for an EIN with your SSN. regardless how many transactions you have, Just stop selling at 16-18k sales and you won't get a 1099
Like I said I just bought the stealth account and I don't have an SSN attached to it. the 16-18k sales that per month?
Reply With Quote
  #9  
Old 02-09-2020
degsey69's Avatar
Senior Member
 
Join Date: Sep 2010
Posts: 2,158
Thanks: 55
Thanked 576 Times in 484 Posts
Activity: 9%
Longevity: 78%
iTrader: (0)
Default Re: Paypal Stealth

Quote:
Originally Posted by Kevin07 View Post
Like I said I just bought the stealth account and I don't have an SSN attached to it. the 16-18k sales that per month?
That is for the full year, usually when you approach $10K or about 200 sales they will ask for more details like SSN, best to convert to a business account with EIN and a LLC
Reply With Quote
  #10  
Old 02-09-2020
Subscribed [VIP]
Threadstarter  
 
Join Date: Jan 2020
Posts: 50
Thanks: 0
Thanked 2 Times in 2 Posts
Activity: 0%
Longevity: 24%
iTrader: (0)
Default Re: Paypal Stealth

Quote:
Originally Posted by degsey69 View Post
That is for the full year, usually when you approach $10K or about 200 sales they will ask for more details like SSN, best to convert to a business account with EIN and a LLC
if I am going to apply for an EIN and LLC would I need to use the stealth accounts information? won't that raise a red flag since I think the information used in stealth are just made up ones correct?
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Paypal stealth with VIRWOX is it safe? Will Paypal restrict my stealth account. ITVS PayPal Talk 18 11-23-2017 04:28 AM
is this safe if I send money from my old stealth paypal to new stealth paypal? hlp eBay Discussion! 5 05-06-2016 11:34 AM
hi!success set paypal/ebay stealth, but failed setup etsy stealth why appyz Introductions 7 03-30-2015 02:06 AM
New stealth paypal with stealth info previously removed from paypal??? Diorkid PayPal Talk 5 11-24-2011 05:50 PM


Aspkin Group

All times are GMT -5. The time now is 01:12 AM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58