| user83 | 12-21-2014 10:00 PM | near to 200 sales and what to do if they ask for SSN? what normally do you guys with an stealth account with near to 200 sales?? me english si not so good but i want to know what to do if switch to another account or make more sales? |
pokerpro | 12-21-2014 10:06 PM | Re: near to 200 sales and what to do if they ask for SSN? if you're close now, just stop selling on that account for the next 10 days... |
BlackBerets | 12-21-2014 10:07 PM | Re: near to 200 sales and what to do if they ask for SSN? Quote:
Originally Posted by user83
(Post 622711)
what normally do you guys with an stealth account with near to 200 sales?? me english si not so good but i want to know what to do if switch to another account or make more sales? | Your english is fine... Understandable at least.
What are your selling-limits and how aged is the account as of now?
Hard to tell your position without any information on your account. |
user83 | 12-21-2014 10:17 PM | Re: near to 200 sales and what to do if they ask for SSN? my account is 50 5000, only 2 month created, but i want to know i will near to 200 sales in 1 or 2 month so what i should do ? |
BlackBerets | 12-21-2014 10:32 PM | Re: near to 200 sales and what to do if they ask for SSN? You should let it cool down for a bit then. Especially during this holiday season. You can start listing again in January if you so wish. If you are reaching your limit again you do not want to go over it. Give eBay some time and they might lift your limits after they've reviewed you account (if you have it in good standing). |
yankee | 12-21-2014 10:36 PM | Re: near to 200 sales and what to do if they ask for SSN? Sell until they ask for the tax ID, then Waite for the reset in January |
user83 | 12-21-2014 10:47 PM | Re: near to 200 sales and what to do if they ask for SSN? ok so normally i can sell more than 200 300 500 items in a year and they will ask for the tax id near december and then i can continue selling in january without problem? |
sentra2skyliner33 | 12-21-2014 10:49 PM | Re: near to 200 sales and what to do if they ask for SSN? I.thought it was 200 sales and 20k |
yankee | 12-21-2014 10:58 PM | Re: near to 200 sales and what to do if they ask for SSN? Once they ask for tax info stop selling and move onto another account. It will reset sometime in late January.
To sell 500 items you might need 4, 5, 6 accounts... |
yankee | 12-21-2014 11:00 PM | Re: near to 200 sales and what to do if they ask for SSN? Quote:
Originally Posted by sentra2skyliner33
(Post 622724)
I.thought it was 200 sales and 20k | PayPal typically asks on projected sales of either or number. Not 200-20K IRS requirement.
Most people report 140-170 items and it depends on the time of year as well. You could easily sell a couple hundred $30.00 items before the first of the year and not get the request in December. In January you might not make 100 before they request based on yearly projections. |
GreenBean | 12-22-2014 12:37 AM | Re: near to 200 sales and what to do if they ask for SSN? Quote:
Originally Posted by user83
(Post 622715)
my account is 50 5000, only 2 month created, but i want to know i will near to 200 sales in 1 or 2 month so what i should do ? | You have to know it is paypal that you need to worry about.
paypal can, and paypal do ask for tax info on projected sales.
If you are talking about getting near to your 200 total so quickly, you need to think of using more accounts.
What steps are you going to take for the tax requests? |
Dmshark25 | 12-22-2014 12:57 AM | Re: near to 200 sales and what to do if they ask for SSN? If you don't go over the threshold this year, if you continue with the sales you made in just 2 months , than you will definitely get asked for a tax ID selling the way you are by the end of January beginning of February
It's on Pace , so it is different making close to 200 transactions the last month of the year as opposed to the first month
So get prepared to provide a tax ID, unless you plan on spreading sales out in the upcoming New Year |
Athletichunta | 12-22-2014 02:51 AM | Re: near to 200 sales and what to do if they ask for SSN? Id had 36 thousand one one account. They didnt botherme until i hit 200 items |
GreenBean | 12-22-2014 03:05 AM | Re: near to 200 sales and what to do if they ask for SSN? Quote:
Originally Posted by Athletichunta
(Post 622771)
Id had 36 thousand one one account. They didnt botherme until i hit 200 items | which year? |
Re: near to 200 sales and what to do if they ask for SSN? @OP, transition to other stealth accounts - spread sales |
Dmshark25 | 12-22-2014 05:46 AM | Re: near to 200 sales and what to do if they ask for SSN? Quote:
Originally Posted by Athletichunta
(Post 622771)
Id had 36 thousand one one account. They didnt botherme until i hit 200 items | That's strange, but it will depend on what month your sales are in, if you have $3000 in Sales coming in to DECEMBER and DECEMBER sales are approaching $8000 but it's the last couple days , than you may not get asked for a tax ID, because even though your at $8000 in Sales there is only say 1 or 2 days left in the year so you are not on pace to go over 20K
However if you have he same 8K in Sales in January you will almost certainly be asked for a taxID because it's the first Month of the year so with 11 months left your projection is much higher |
pokerpro | 12-22-2014 04:36 PM | Re: near to 200 sales and what to do if they ask for SSN? My news years resolution is to start a spread sheet for paypal on all my stealth accounst to keep track of $$ and number of items sold....last year was my first year of stealthiness, so most of my accounts have not sold for a full calendar year.....this year, they will so I'm going to be very, very careful about staying away from those 200-20K limits. |
GreenBean | 12-22-2014 05:25 PM | Re: near to 200 sales and what to do if they ask for SSN? Quote:
Originally Posted by Dmshark25
(Post 622820)
That's strange, but it will depend on what month your sales are in, | paypal was slack with requests.
Now they have gotten stricter. |
Hercules | 12-22-2014 07:21 PM | Re: near to 200 sales and what to do if they ask for SSN? I've had Paypal warning emails early and some very late near
the 20/20,000 threshold. I stopped selling on them.
But the next January, new year, the message asking for tax ID #
lasted until July of that year. That's on all Paypals with notices! |
yankee | 12-22-2014 07:59 PM | Re: near to 200 sales and what to do if they ask for SSN? Quote:
Originally Posted by Hercules
(Post 623012)
I've had Paypal warning emails early and some very late near
the 20/20,000 threshold. I stopped selling on them.
But the next January, new year, the message asking for tax ID #
lasted until July of that year. That's on all Paypals with notices! | You must have continued to sell after the first request. At demand you will not be able to do anything other than supply an EIN. |
Hercules | 12-22-2014 08:14 PM | Re: near to 200 sales and what to do if they ask for SSN? Maybe I went over the piece count but I'm sure I didn't go over the 20 grand. Maybe when you break one they make you wait longer. |
yankee | 12-22-2014 09:14 PM | Re: near to 200 sales and what to do if they ask for SSN? Quote:
Originally Posted by Hercules
(Post 623019)
Maybe I went over the piece count but I'm sure I didn't go over the 20 grand. Maybe when you break one they make you wait longer. | You kept on selling until they limited your account is seems. If you stop selling when you received the first request you should have had a different result. | All times are GMT -5. The time now is 04:13 PM. | |
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