Forum

Any way to avoid giving eBay your social sec # if u sell more than 20k?
 

Is there any way to do this? I know you can just have a bunch of Accts, but other than that, any solution?

You can get a EIN

^^^^^^^^^^^
This is a entirely NEW ballgame.
The work around has not been figured out as of yet.
Not sure how to go up against the IRS.
Not sure if I want to... LOL

it is not recommended to use any friends info.

You really need to have a tax professional evaluate this. The first potential problem I see is that there are tax consequences to selling a business. And if that business is producing money and you have your friend sell it to you for $1, the IRS could end up assigning a fair market value to the transaction and force him to pay taxes on that amount. Spend a few bucks for the professional and save some grief and expense down the road.

Easily solved because not EBAY want it.

At the least get the facts correct.

Read the forum as this is discussed before.

PAYPAL are the party, not ebay.


This is an area for a TAX CONSULTANT. Not for forum to advice.