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-   eBay Managed Payments (https://www.aspkin.com/forums/ebay-managed-payments/)
-   -   Possible to pay 1099's under my real IRS w/ MP? (https://www.aspkin.com/forums/ebay-managed-payments/139040-possible-pay-1099s-under-my-real-irs-w-mp.html)

stealthnorris 09-21-2020 12:56 AM
Possible to pay 1099's under my real IRS w/ MP?
 
Is there any way to pay the 1099's under my real IRS info that is going into stealth accounts under stealth names?

agent006140 09-21-2020 06:29 AM
Re: Possible to pay 1099's under my real IRS w/ MP?
 
if it is your SSN you are using with your stealth account.
1099K goes by SSN.

phaz0rz 09-21-2020 08:08 AM
Re: Possible to pay 1099's under my real IRS w/ MP?
 
You don't pay 1099's. They are just a report.

To do things legally you add a tax ID which belongs to you, and then your 1099's are generated with your EIN.

slokor 09-21-2020 04:45 PM
Re: Possible to pay 1099's under my real IRS w/ MP?
 
Contact a professional accountant to get a proper response.
Maybe adding an EIN to the account would be appropriate - the income information will be related to that and perhaps easier to report that way. Only an accountant can answer those questions.

stealthnorris 09-21-2020 10:05 PM
Re: Possible to pay 1099's under my real IRS w/ MP?
 
Quote:
Originally Posted by slokor (Post 1115801)
Contact a professional accountant to get a proper response.
Maybe adding an EIN to the account would be appropriate - the income information will be related to that and perhaps easier to report that way. Only an accountant can answer those questions.
Ahh thats a good point, maybe I can use an EIN for the stealth MP's.

If I am adding the same EIN for multiple stealth accounts but the account will be under friends/family's SSN, do you think my eBays can be linked that way?

agent006140 09-27-2020 01:31 PM
Re: Possible to pay 1099's under my real IRS w/ MP?
 
I need 2 aspirins.

stealthnorris 09-28-2020 10:28 PM
Re: Possible to pay 1099's under my real IRS w/ MP?
 
Quote:
Originally Posted by agent006140 (Post 1116883)
I need 2 aspirins.
Very useful reply, thank you.


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