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-   -   IRS issue PayPal? (https://www.aspkin.com/forums/paypal-limited/148089-irs-issue-paypal.html)

Mirdude 07-17-2022 08:09 AM

IRS issue PayPal?
 
Starting to stealth out on PayPal using a US. 1 year old almost with a few transactions and received a bit of a larger sum than usual.
The account has received $500 at once before with no issues.

I got hit with this:
https://imgur.com/a/U2HECoJ


Says I need to confirm taxpayer info, any idea on how to get around this?

"The IRS informed us that the name and tax ID number in your PayPal account doesn't match their records. The IRS requires this info for anyone who receives $600 or more in payments for goods and services in a year.

Provide your tax info as it appears on your tax return.
"

rsot 07-17-2022 09:38 AM

Re: IRS issue PayPal?
 
Have you submitted any info in the past?

Mirdude 07-17-2022 10:53 AM

Re: IRS issue PayPal?
 
Quote:

Originally Posted by rsot (Post 1197310)
Have you submitted any info in the past?

Yep, guessing it doesn't match? Anyway to fix this or is the account done for?

SaiJin 07-17-2022 11:29 AM

Re: IRS issue PayPal?
 
The account is an individual account instead of using a business name and EIN?

agent006140 07-17-2022 05:06 PM

Re: IRS issue PayPal?
 
You are in UK,you have no business using a Paypal USA account,how do you plan to spend or send the money,did you link a US bank account?

JamesNorth101 07-18-2022 03:50 AM

Re: IRS issue PayPal?
 
Quote:

Originally Posted by agent006140 (Post 1197325)
You are in UK,you have no business using a Paypal USA account,how do you plan to spend or send the money,did you link a US bank account?

This happens on UK PayPal accounts. Really need to think before you post buddy :)

rsot 07-18-2022 05:21 AM

Re: IRS issue PayPal?
 
Quote:

Originally Posted by Mirdude (Post 1197316)
Yep, guessing it doesn't match? Anyway to fix this or is the account done for?

Do you have a lot of money tied up in the account? Might be unresolvable leading to a 180 day wait

Mirdude 07-18-2022 11:30 AM

Re: IRS issue PayPal?
 
Quote:

Originally Posted by rsot (Post 1197387)
Do you have a lot of money tied up in the account? Might be unresolvable leading to a 180 day wait

No, I refunded the buyer's account. Waiting on them to resolve the ID, hopefully should be no issues now.

agent006140 07-18-2022 09:43 PM

Re: IRS issue PayPal?
 
Quote:

Originally Posted by JamesNorth101 (Post 1197363)
This happens on UK PayPal accounts. Really need to think before you post buddy :)

The IRS informed us that the name and tax ID number in your PayPal account doesn't match their records. The IRS requires this info for anyone who receives $600 or more in payments for goods and services in a year.

Provide your tax info as it appears on your tax return."
DID IRS invade UK??

rsot 07-19-2022 05:17 AM

Re: IRS issue PayPal?
 
Quote:

Originally Posted by Mirdude (Post 1197405)
No, I refunded the buyer's account. Waiting on them to resolve the ID, hopefully should be no issues now.

Alright - hope it goes well :thumb: here's hoping for a good update


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