PP wants my ssn- 2nd request... - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Marketplace Discussions > PayPal Talk > Paypal Limited

Paypal Limited PayPal Limited Account A general forum on PayPal limitations and how to either lift them or create new accounts.

Reply
 
Thread Tools
  #1  
Old 12-05-2014
Junior Member
 
Join Date: Oct 2011
Posts: 16
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 62%
iTrader: (0)
Default PP wants my ssn- 2nd request...

So they say they will limit me if I do not provide ssn. My name is on the pp account. I'm sure they have my ssn from years ago when I got banned. Will my wife's (same last name) ssn satisfy them? Thanks for any info.
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 12-05-2014
Senior Member
 
Join Date: Feb 2013
Posts: 1,795
Thanks: 2,482
Thanked 272 Times in 225 Posts
Activity: 27%
Longevity: 52%
iTrader: (2)
Default Re: PP wants my ssn- 2nd request...

my gosh this is a common question. search engine... believe me you will find wealth of info on the topic... to summarize what every1 is about to tell u tho here goes... avoid giving PP your ssn OR anyone elses. use e I n instead if need be.
Reply With Quote
  #3  
Old 12-05-2014
jeffweico's Avatar
Executive [VIP]
 
Join Date: Mar 2010
Posts: 7,220
Thanks: 895
Thanked 4,057 Times in 2,168 Posts
Activity: 0%
Longevity: 75%
iTrader: (12)
Default Re: PP wants my ssn- 2nd request...

Are they requesting the SSN for tax reporting purposes, or for identity verification?

If it is for tax reporting purposes, you can get an EIN and provide that. Since the account is in your name, you can just apply for an EIN as an individual (sole proprietor) and your name with match what the IRS has on file for the EIN.

If, however, they are demanding your SSN for identity verification, then that would be more difficult. Providing your wife's SSN will not work, because they match names with the SSN the IRS has on record.
Reply With Quote
  #4  
Old 12-05-2014
GreenBean's Avatar
Executive [VIP]
 
Join Date: Sep 2007
Posts: 41,970
Thanks: 5,467
Thanked 8,997 Times in 7,022 Posts
Activity: 0%
Longevity: 95%
iTrader: (6)
Default Re: PP wants my ssn- 2nd request...

Quote:
Originally Posted by fantem View Post
So they say they will limit me if I do not provide ssn. My name is on the pp account. I'm sure they have my ssn from years ago when I got banned. Will my wife's (same last name) ssn satisfy them? Thanks for any info.
fantem, what will help us if you tell the reasons for the request.


We should be able to tell you a workaround depending on the reasons.

Reply With Quote
  #5  
Old 12-05-2014
Junior Member
Threadstarter  
 
Join Date: Oct 2011
Posts: 16
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 62%
iTrader: (0)
Default Re: PP wants my ssn- 2nd request...

Ok here is what they said...than you for your help--

We still have not received your Tax ID number. Please provide your Tax ID
number to comply with Internal Revenue Service (IRS) rules. Your Tax ID
number is one of these:

- Your Social Security Number (SSN)
- Your Individual Tax Identification Number (ITIN)
- Your Employer Identification Number (EIN)

We are required to obtain Tax ID numbers from all online sellers who
receive payments for goods or services through PayPal. If you do not
provide us with your Tax ID number, your account access will be limited,
and you will be unable to request or receive money.

After you provide your Tax ID number, your account will be fully
functional. Here's how to submit your Tax ID number:

1. Log in to your PayPal account.

2. A message will appear asking you to update your information.

3. Click Provide Now and follow the instructions.

If you have multiple PayPal accounts, repeat these steps for each account.

We'll use your Tax ID number to send tax Form 1099-K to you and the IRS
when the payments you receive meet the 1099-K reporting thresholds for the
calendar year. For more information, please see our FAQs on the IRS
reporting requirements: www.paypal.com/irs.

We appreciate your help in complying with these IRS rules.
Reply With Quote
  #6  
Old 12-05-2014
bjammin's Avatar
Executive [VIP]
 
Join Date: May 2013
Posts: 2,152
Thanks: 393
Thanked 708 Times in 443 Posts
Activity: 13%
Longevity: 49%
iTrader: (75)
Default Re: PP wants my ssn- 2nd request...

How many items have you sold since January 1st, 2014? This defeinltely sounds like you are approaching the 200 items threshold.
Reply With Quote
  #7  
Old 12-05-2014
yankee's Avatar
Executive [VIP]
 
Join Date: Nov 2013
Posts: 7,668
Thanks: 2,199
Thanked 2,533 Times in 1,862 Posts
Activity: 65%
Longevity: 45%
iTrader: (2)
Default Re: PP wants my ssn- 2nd request...

Either open a company and obtain and EIN or stop using the account.

Is it limited yet?
Reply With Quote
  #8  
Old 12-05-2014
jeffweico's Avatar
Executive [VIP]
 
Join Date: Mar 2010
Posts: 7,220
Thanks: 895
Thanked 4,057 Times in 2,168 Posts
Activity: 0%
Longevity: 75%
iTrader: (12)
Default Re: PP wants my ssn- 2nd request...

Since you are using your real name and the account has not been banned, I think you can easily save this account. They are NOT trying to verify your identity, they just need to comply with the IRS reporting rules.

You said you could not use your old SSN because it was banned. That is OK. Get an EIN as a sole proprietor at the IRS website and enter it as an EIN into PayPal. That will satisfy the IRS requirements and make PayPal happy.

The EIN will verify as belonging to you as your real name, which is OK. The IRS won't give them your SSN.

Do this ASAP. It DOES take 2 weeks before your EIN is in the IRS database, but if it does not verify the first time, just try again. It happens all the time.
Reply With Quote
The Following 2 Users Say Thank You to jeffweico For This Useful Post:
GreenBean (12-05-2014), rsot (12-06-2014)
  #9  
Old 12-05-2014
GreenBean's Avatar
Executive [VIP]
 
Join Date: Sep 2007
Posts: 41,970
Thanks: 5,467
Thanked 8,997 Times in 7,022 Posts
Activity: 0%
Longevity: 95%
iTrader: (6)
Default Re: PP wants my ssn- 2nd request...

fantem,


this is VERY positive.

Like jeffweico says, you are simply being asked for ID to comply with the tax needs of the IRS.

Read carefully what jeffweico advised.

These are the steps needed to sort your issue.

Good Luck

Reply With Quote
  #10  
Old 12-06-2014
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 57,920
Thanks: 4,602
Thanked 7,056 Times in 6,427 Posts
Activity: 100%
Longevity: 76%
iTrader: (7)
Default Re: PP wants my ssn- 2nd request...

Second that - jeffweico has given you good advice fantem - use it
Reply With Quote
  #11  
Old 12-10-2014
Junior Member
 
Join Date: Nov 2014
Posts: 2
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 37%
iTrader: (0)
Default Re: PP wants my ssn- 2nd request...

So your SS and real name have never been linked with Paypal? If you have your account under a business name, not your real name, and you get an EIN under your real name then there will come a time when the IRS will tell PayPal that the two don't match up and the account will get limited. I'm dealing with this right now.
Opened a new PP and ebay acct with false info using newly acquired EIN under my real name. Filed all my taxes from the 1099 issued under that EIN. It took them over 5 years, but they (PayPal) are now forcing me to add the real name given for that EIN so that it matches the IRS records. They are also requiring the SS for that real name, even though I can provide them a copy of my Schedule C which clearly shows that the EIN is assigned to my name.
Still waiting to see how all this comes out...did get them to lift the restriction they imposed last night so I an transfer funds out of the account into my bank again after a short restriction last night.
Good luck OP.
Reply With Quote
  #12  
Old 12-10-2014
Mr.T's Avatar
Junior Member
 
Join Date: Nov 2014
Posts: 8
Thanks: 11
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 37%
iTrader: (0)
Default Re: PP wants my ssn- 2nd request...

Quote:
Originally Posted by bjammin View Post
How many items have you sold since January 1st, 2014? This defeinltely sounds like you are approaching the 200 items threshold.
I sold around 200 transactions on eBay. But just over $200 total. Got the same email like the OP

Question is will I get limit of not provide SSN?
Will it reset next year?

I thought only when you meet both 200 transactions and $20,000

Thank you
Reply With Quote
  #13  
Old 12-11-2014
pokerpro's Avatar
Senior Member
 
Join Date: Jan 2014
Posts: 1,089
Thanks: 171
Thanked 280 Times in 197 Posts
Activity: 0%
Longevity: 44%
iTrader: (0)
Default Re: PP wants my ssn- 2nd request...

No, it's either/or....not both.
Reply With Quote
  #14  
Old 12-11-2014
Senior Member
 
Join Date: Oct 2014
Posts: 342
Thanks: 34
Thanked 71 Times in 60 Posts
Activity: 0%
Longevity: 38%
iTrader: (0)
Default Re: PP wants my ssn- 2nd request...

I've seen other members many times say it's actually both. It clearly is confusing and not hard numbers to follow, PayPal can request it at any time they choose.
Reply With Quote
  #15  
Old 12-11-2014
yankee's Avatar
Executive [VIP]
 
Join Date: Nov 2013
Posts: 7,668
Thanks: 2,199
Thanked 2,533 Times in 1,862 Posts
Activity: 65%
Longevity: 45%
iTrader: (2)
Default Re: PP wants my ssn- 2nd request...

Quote:
Originally Posted by Mr.T View Post
I sold around 200 transactions on eBay. But just over $200 total. Got the same email like the OP

Question is will I get limit of not provide SSN?
Will it reset next year?

I thought only when you meet both 200 transactions and $20,000

Thank you
the 1099K is for both. Paypal will request at either-or depending on a few factors.
Reply With Quote
The Following User Says Thank You to yankee For This Useful Post:
Mr.T (12-12-2014)
  #16  
Old 12-15-2014
Junior Member
 
Join Date: Nov 2014
Posts: 33
Thanks: 21
Thanked 4 Times in 4 Posts
Activity: 0%
Longevity: 37%
iTrader: (0)
Default Re: PP wants my ssn- 2nd request...

Once you get to 100 transaction slow down if you are in stealth
Reply With Quote
  #17  
Old 12-16-2014
pokerpro's Avatar
Senior Member
 
Join Date: Jan 2014
Posts: 1,089
Thanks: 171
Thanked 280 Times in 197 Posts
Activity: 0%
Longevity: 44%
iTrader: (0)
Default Re: PP wants my ssn- 2nd request...

@Trosky....Well, those other members are just plain wrong, it is which ever comes first. I spread my sales over enough accounts, where i don't ever come close to that.
Reply With Quote
  #18  
Old 12-16-2014
Senior Member
 
Join Date: Jan 2013
Posts: 4,410
Thanks: 242
Thanked 1,580 Times in 1,072 Posts
Activity: 0%
Longevity: 52%
iTrader: (0)
Default Re: PP wants my ssn- 2nd request...

Quote:
Originally Posted by pokerpro View Post
@Trosky....Well, those other members are just plain wrong, it is which ever comes first. I spread my sales over enough accounts, where i don't ever come close to that.
The IRS law for all Payment processors is you need to go over BOTH 200 items and $20K and if you go over BOTH you will than receive a 1099 for the year

Now PayPal is separate from the IRS, they just need to follow there guidelines just like every other processor , and each company will request a tax ID at there own discretion

Amazon will ask for a tax ID at 50 items or when creating a pro merchant account

As of now paypal asks for a Tax id when you are on Pace to go over the threshold for the year

But just because you are asked to provide a tax ID doesn't mean that u will get a 1099 at the end of the year , only accounts that go over BOTH WILL get one
Reply With Quote
The Following User Says Thank You to Dmshark25 For This Useful Post:
trosky (12-16-2014)
  #19  
Old 12-16-2014
Senior Member
 
Join Date: Oct 2014
Posts: 342
Thanks: 34
Thanked 71 Times in 60 Posts
Activity: 0%
Longevity: 38%
iTrader: (0)
Default Re: PP wants my ssn- 2nd request...

^^ Very good explanation thanks! Now I've seen some use the strategy of selling all they want and STOP as soon as they're asked for EIN and since they haven't reached those thresholds they don't get the 1099 and wait until the next year and start selling again once PayPal don't require the EIN anymore. Is that still a viable strategy?
Reply With Quote
  #20  
Old 12-23-2014
Junior Member
 
Join Date: Dec 2013
Posts: 3
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 44%
iTrader: (0)
Default Re: PP wants my ssn- 2nd request...

How does the 'reset' work? My PP is limited because my EIN didn't match. Had around 250 transactions and 30K last year. Will my account be reset and therefore de-limited next year (this year I had under 200 transactions)? The limit says I can buy/send/withdraw but not receive so eBay blocked my listings for lack of 'working payment method' until I submit the info to PP or enter merchant processor info.
Reply With Quote
  #21  
Old 12-23-2014
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 57,920
Thanks: 4,602
Thanked 7,056 Times in 6,427 Posts
Activity: 100%
Longevity: 76%
iTrader: (7)
Default Re: PP wants my ssn- 2nd request...

Quote:
Originally Posted by trosky View Post
I've seen other members many times say it's actually both. It clearly is confusing and not hard numbers to follow, PayPal can request it at any time they choose.
They can request it based on PROJECTED SALES too
Reply With Quote
  #22  
Old 12-28-2014
Junior Member
 
Join Date: Sep 2014
Posts: 39
Thanks: 38
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 39%
iTrader: (0)
Default Re: PP wants my ssn- 2nd request...

Quote:
Originally Posted by jeffweico View Post
Since you are using your real name and the account has not been banned, I think you can easily save this account. They are NOT trying to verify your identity, they just need to comply with the IRS reporting rules.

You said you could not use your old SSN because it was banned. That is OK. Get an EIN as a sole proprietor at the IRS website and enter it as an EIN into PayPal. That will satisfy the IRS requirements and make PayPal happy.

The EIN will verify as belonging to you as your real name, which is OK. The IRS won't give them your SSN.

Do this ASAP. It DOES take 2 weeks before your EIN is in the IRS database, but if it does not verify the first time, just try again. It happens all the time.

I just recently got the first request from Paypal like this
I dont use real first name in my Paypal account. Can I still apply your method?

-Thanks
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
IRS Tax request Hockey12 PayPal Talk 15 10-15-2013 12:37 AM
Tax id request pcware Amazon 6 06-02-2012 11:01 PM
How Smart Is To Request Request higher selling limits motosa eBay Suspensions 4 03-07-2012 01:51 AM


Aspkin Group

All times are GMT -5. The time now is 11:17 AM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts