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-   -   using childs ss and name? (https://www.aspkin.com/forums/general-platform-discussions/74820-using-childs-ss-name.html)

Cuteynene 06-28-2014 05:28 PM

using childs ss and name?
 
I bought the stealth book and am following but I was wondering about taxes when etsy send out tax forms at the end of the year. I plan on using my kids ss. How does that work? or better yet will it work?

GreenBean 06-28-2014 05:32 PM

Re: using childs ss and name?
 
It most certainly will not be SENSIBLE to use a child's name or SSN. You have other options such as EIN for taxes.

Before making accounts, you also need to read the forum to get the current trends. The stealth principles of ebay/paypal apply very well to etsy as well.

:mod:

Cuteynene 06-28-2014 05:34 PM

Re: using childs ss and name?
 
ok How do I get an EIN? Sorry I'm so new to this stuff and I dont want to be kicked off again.

Dmshark25 06-28-2014 05:36 PM

Re: using childs ss and name?
 
Never use friends or family for this, it's your business so you need to be fully responsible and financially accountable

You need to go the route of creating a business, could be an LLC and use a DBA and get an EIN , which will be accepted instead of a SS#

Dmshark25 06-28-2014 05:36 PM

Re: using childs ss and name?
 
Quote:

Originally Posted by Cuteynene (Post 562897)
ok How do I get an EIN? Sorry I'm so new to this stuff and I dont want to be kicked off again.

IRS.GOV is a good place to start

Cuteynene 06-28-2014 05:41 PM

Re: using childs ss and name?
 
Thank you!

GreenBean 06-28-2014 05:52 PM

Re: using childs ss and name?
 
Here's their site


Internal Revenue Service

It's user friendly and FREE to use.

:welcome;

rsot 07-02-2014 12:36 PM

Re: using childs ss and name?
 
Searching forums for a lot of the EIN and LLC discussion terms also helps to learn

Sandy D 07-02-2014 09:51 PM

Re: using childs ss and name?
 
Never use your childs info for yourself.

Taking a chance to ruin their fresh start for your current needs is not a good idea at all.

newjerseymax 07-09-2014 07:32 PM

Re: using childs ss and name?
 
Poor kid is banned before even started :(

aspkin 07-09-2014 11:47 PM

Re: using childs ss and name?
 
Yeah.. I don't remember this being in the stealth guide.. maybe you misinterpreted what was said.. go with what others have said however. EIN is preferable.

GreenBean 07-10-2014 12:58 AM

Re: using childs ss and name?
 
Quote:

Originally Posted by rsot (Post 563681)
Searching forums for a lot of the EIN and LLC discussion terms also helps to learn

Adding maybe one or two threads with a suggestion like this is a nice method to encourage the learning.

Helps newbies get better understanding.

:clap:

rsot 07-13-2014 09:58 AM

Re: using childs ss and name?
 
Quote:

Originally Posted by GreenBean (Post 565636)
Adding maybe one or two threads with a suggestion like this is a nice method to encourage the learning.

Helps newbies get better understanding.

:clap:

I have a few nominations in the pocket for potential creators of such threads :)

Sandy D 07-14-2014 03:53 PM

Re: using childs ss and name?
 
Quote:

Originally Posted by rsot (Post 566655)
I have a few nominations in the pocket for potential creators of such threads :)

Thanks rsot!!!!

:pop2:

rsot 07-22-2014 03:30 AM

Re: using childs ss and name?
 
Welcome :)

Wonder ever happened to Cuteynene's decision...


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