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How fast can you move towards 20k/200 rule ?
 

{First of all, sorry for the thread as I know it was mentioned probably nefore but search gives toooo broad reply on keywords and everybody creates threads like crazy - so not possible to find the answer.}

I know someone wrote a while ago there's "projected" level of sales towards 20k/200 meaning project how much you sell according to your current sales.

I usually sell on all accts starting from august and stop around 100 items/$800-1000 and usually for 1 month.

Right now is a beginning of the year - would making these 100 items make them ask me for tax id ? Or what could be a safe number at the beginning of the year, you think - as right now we have february only? (most of threads created concerned about amounts - I don't care as I sell items around $10).

Will not add EIN/SSN, etc...

Please share your thoughts and experience of such questions from paypal at the earlier part of year

P.S. also do they limit after asking tax id if you stopped selling right away ?

Re: How fast can you move towards 20k/200 rule ?
 

Ebay/PP use what's called, "Projected Sales".....If they project that you will hit the 200/$20,000 at anytime before the end of the year, you will be asked to provide an EIN/SSN and whatever else they can come up with....

Re: How fast can you move towards 20k/200 rule ?
 

Yeah, I mentioned it in the post.
My question is how approximately it works from people's experience. I read before 1-2 years ago that people start receiving it at around 75% of 20k/200 - meaning - the safe number to stop is around 50% - 10k/100 items

But we are talking about beginning of the year ! Which makes huge difference. In June I would not even bother asking it. As I have tons of accts and did not receive tax question on a single one.

But right now is january....

Re: How fast can you move towards 20k/200 rule ?
 

As mentioned above, everybody is about amount. http://www.aspkin.com/forums/paypal-...tml#post794114 This guy sold 400+ transactions of low-cost items, which would already has triggered the tax id request. So basically it's all about amounts. Am I kind of right ?

Re: How fast can you move towards 20k/200 rule ?
 

Amounts at the beginning can be PROJECTED by pp - so projected sales rate...