PP Personal to Business Upgrade/Stealth Limits - 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 Talk PayPal Forums. General issues related to PayPal.

Reply
 
Thread Tools
  #1  
Old 02-05-2017
Subscribed [VIP]
 
Join Date: Jan 2017
Posts: 12
Thanks: 1
Thanked 1 Time in 1 Post
Activity: 0%
Longevity: 22%
iTrader: (0)
Default PP Personal to Business Upgrade/Stealth Limits

Sorry if these are basic questions but I am not able to find the answer....

1) An established PERSONAL PP account that is SSN verified with a spouses name. Started using this PP on an Ebay Selling account that took off way beyond expectations. At what point will PP require an upgrade to a business account? The business info is all in my name not my spouse.

I have a less established PP account in my personal name that I could upgrade to a business account but I'm not sure how to link this newer account to Ebay without incurring suspicions and limits - any thoughts on best practices here?

2) With a Stealth PP account - what are the amount/transaction limits to the account before they ask for a SS or EIN? How do you work with this?
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 02-07-2017
Junior Member
 
Join Date: Dec 2016
Posts: 67
Thanks: 1
Thanked 12 Times in 9 Posts
Activity: 0%
Longevity: 23%
iTrader: (0)
Default Re: PP Personal to Business Upgrade/Stealth Limits

Quote:
Originally Posted by kerrianne1 View Post
Sorry if these are basic questions but I am not able to find the answer....

1) An established PERSONAL PP account that is SSN verified with a spouses name. Started using this PP on an Ebay Selling account that took off way beyond expectations. At what point will PP require an upgrade to a business account? The business info is all in my name not my spouse.

I have a less established PP account in my personal name that I could upgrade to a business account but I'm not sure how to link this newer account to Ebay without incurring suspicions and limits - any thoughts on best practices here?

2) With a Stealth PP account - what are the amount/transaction limits to the account before they ask for a SS or EIN? How do you work with this?
Google Generators, many available and smart with their own special algorithms.
And how less establish is less?
If your using all valid information, u shouldn't worry because you can verify with paypal if u need to call them some day.
Reply With Quote
  #3  
Old 02-08-2017
Senior Member
 
Join Date: Sep 2011
Posts: 3,126
Thanks: 11
Thanked 750 Times in 578 Posts
Activity: 0%
Longevity: 63%
iTrader: (0)
Default Re: PP Personal to Business Upgrade/Stealth Limits

The limit is the same on stealth or real PP accounts: if PP projects you will do more than 200 transactions or 20K a year you will have to provide an EIN or SSN so they can send a 1099-K to the IRS if you cross the 20K total.

You say they have been given a SSN, so you don't need to upgrade to a business account, they have the info they need to send an 1099-K so you're done.

HOWEVER:

If they send a 1099 to the IRS, and the name on the PP doesn't match the SSN on file with the IRS, it will be rejected because of the mismatch.

PP will then freeze the account and the EB and PP both will be toast.
Reply With Quote
  #4  
Old 02-09-2017
Junior Member
 
Join Date: Jul 2016
Posts: 18
Thanks: 3
Thanked 3 Times in 3 Posts
Activity: 0%
Longevity: 26%
iTrader: (0)
Default Re: PP Personal to Business Upgrade/Stealth Limits

Quote:
Originally Posted by kerrianne1 View Post

2) With a Stealth PP account - what are the amount/transaction limits to the account before they ask for a SS or EIN? How do you work with this?
I have noticed that once a pp account pulls in over $2000 in a given month, then it gets limited until a SSN or EIN gets added. I usually take care of this when I see that this threshold might be reached, rather than after the limitation occurs. The limitation can usually be avoided by adding the tax number ahead of time.
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
Upgrade to eBay business account to increase selling limits? Millennial eBay Discussion! 21 09-28-2016 11:29 AM
Questions about Paypal Limits, Withdrawl Habits, Personal vs Business account omonoiatis9 eBay Discussion! 1 08-22-2016 08:17 AM
Cant upgrade personal to business within ebay Christianm eBay Discussion! 4 05-04-2015 12:44 PM


Aspkin Group

All times are GMT -5. The time now is 06:27 PM.


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