Forum

How to see how close you are to the 200 or $20,000 threshold?
 

Vet Stealther here! Quick question. When I go in and log into PayPal, how do I easily see how many transactions I've sold like is there a way to see how close I am to either the 200 transactions or the $20,000 mark? I got an email that they wanted my EIN and such but the account isn't limited. I figured I would check to see how close I am to that threshold and probably stop selling on that account until 2018. I'm not a big seller or anything I was just using it kind of as a garage sale.

Also for clarification it is 200 items and $20,000 in sales? Or is it 200 items or $20,000 in sales? Thanks!

Re: How to see how close you are to the 200 or $20,000 threshold?
 

You can go to your transaction history and add up all the numbers yourself.

And also figure out how many items sold you have on eBay.

It's a manual job for me, so everytime I made a sale, I just note it down and add it up every week

Re: How to see how close you are to the 200 or $20,000 threshold?
 

It's "AND", regarding reporting to the IRS.

And go to the top of the page, click on...

Reports>insights>sales

Should show a graph that includes total transactions and dollar amounts. You can set it to 2017. Unless business accounts are the only ones who have this. no clue.

Re: How to see how close you are to the 200 or $20,000 threshold?
 

It's an algo that determines when you Paypal asks for Tax ID.
__________________
How to use Paypal correctly
Run multiple portable Firefox, 1 user account
How to add new PP to eBay
How to clean photos
Best image resizer

Re: How to see how close you are to the 200 or $20,000 threshold?
 

Last I checked it actually is available only on business accounts. Can't get their on my personal's.

@OP - I've never found an easy way. Closest solution there is for a lower volume account is to go into your seller dashboard on eBay, and look where it says "Transactions - last 12 months". Or you can go into your email account and search for payment confirmation emails from Paypal for 2017 only. Or just count transactions in Paypal - which is hard to do with their new website layout.

Re: How to see how close you are to the 200 or $20,000 threshold?
 

Gotcha. :thumb:

Re: How to see how close you are to the 200 or $20,000 threshold?
 

PP 'reports', set dates, download as csv to Excel, write a brief algorithm to count the transactions.

Too easy.

Re: How to see how close you are to the 200 or $20,000 threshold?
 

Yeah I just wanted to sell likentwo more items and honestly I'm not sure how close I am to the 200, $20,000 threshold.

Just for clarity, in order to get the EIN ban, you have to sell 200 items AND go over the $20,000 threshold correct? It's not just one or the other?

Re: How to see how close you are to the 200 or $20,000 threshold?
 

Use seller dashboard

Re: How to see how close you are to the 200 or $20,000 threshold?
 

If you can get there on a personal account, please do share lol.

Re: How to see how close you are to the 200 or $20,000 threshold?
 

Don't forget PP looks at PROJECTED SALES RATE as well if you are operating quickly...

Re: How to see how close you are to the 200 or $20,000 threshold?
 

I wonder if they'd request the info if a person planned out their sales before hand, in order to stay JUST UNDER their projections... say 190/19,000?

$52 a day = $19,000 a year
A sale every other day would be 183 sales for the year

So, something like...
$360/week = $18,720
3.5 sales/week = 182/year(so do 7 sales every 2 weeks)

Do yall think that would be a good idea for people who don't want to be asked for SSN?

Re: How to see how close you are to the 200 or $20,000 threshold?
 

^^In theory that would work but there's always a chance their "sales projection algorithm" could cause problems. Sometimes accounts are limited early because PP predicts the account will pass $20k based on selling patterns. I guess if you took it really slow like you said the chances of that happening would be very slim.

BTW, for the record, they first send you an email asking for your SSN around 150 sales. Then they send another around 180. Then you're limited if you haven't given anything by the time you hit 200.

I don't know if you're aware, but unless PP is making changes this year, tax limitations reset on the 1st of each new year. So if you sold balls-to-the-wall on a stealth account and got tax limited in the first month your account wouldn't be dead or permanently limited. The account would be able to start receiving payments again on 1/1/18. This is why a lot of stealth users like to keep 20+ stealth accounts active. And in some cases, a few business accounts mixed in to keep cashflow up at all times.

Re: How to see how close you are to the 200 or $20,000 threshold?
 

Maybe so.

Then maybe adjust my math for 150, or whatever the number needs to be.

I'm not going to be messing with a bunch of personal accounts, anyway... just throwing out some ideas for the people who are.

Re: How to see how close you are to the 200 or $20,000 threshold?
 

It's a major hassle but it has it's pro's and con's. I put my good selling, proven products I know will get good feedback on high volume business accounts. I use stealth accounts for experimenting with new products, higher-value stuff, risky stuff, etc.

If you don't want redundant personal stealth accounts, then what's your plan and/or long-term goal? (if you don't mind me asking).

Re: How to see how close you are to the 200 or $20,000 threshold?
 

Understandable!

Business accounts are my plan. We can discuss it further in my thread you replied to in the subscriber's area, if you want.

Re: How to see how close you are to the 200 or $20,000 threshold?
 

Business accounts have a new Report tab with insight data and other tools. Very good. It shows the # of item/prouduct/payment received, the total amount and the avergae.

It can be set to show 30,60,90 and custom periods.

Great feature to keep track

Re: How to see how close you are to the 200 or $20,000 threshold?
 

Yeah I found it on the seller dashboard, basically shows year over year to the date you are in. From like September 2016 through Oct 1 2017 I'm at like $16,000 in sales. I will probably list a couple more items and then wait till 2018 with that account. Again it's not a business for me, but I should have had another account ready because I probably could get more money for my items with the holidays coming up. Oh well.