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-   -   around what amount pp gets limited? (https://www.aspkin.com/forums/paypal-talk/111424-around-what-amount-pp-gets-limited.html)

ProblemChild 10-16-2017 09:52 AM

around what amount pp gets limited?
 
Okay so I have a pretty aged pp I been using for non ebay payments.

SO far I have withdrawn 1200, about to do another 400

obv, pp eventually limits the acc after a certain amount passes thru, anyone know when that is?

Hopefully i can do this 400 and then another 500

phaz0rz 10-16-2017 10:02 AM

Re: around what amount pp gets limited?
 
You'll get a tax limitation if you come close to $20,000 or 200 transactions in a calendar year without giving PP a tax ID.

Your dollar amount seems to be sitting at $1600 so you're nowhere near close to the limitation threshold on that metric. How many sales have you processed? You can process right under 200 sales per year without being tax limited.

Lucynda 10-16-2017 10:30 AM

Re: around what amount pp gets limited?
 
Quote:

Originally Posted by phaz0rz (Post 878050)
You'll get a tax limitation if you come close to $20,000 or 200 transactions in a calendar year without giving PP a tax ID.

Your dollar amount seems to be sitting at $1600 so you're nowhere near close to the limitation threshold on that metric. How many sales have you processed? You can process right under 200 sales per year without being tax limited.

This is correct. However, they might limit you early if Paypal see's you're going to get close to that amount. I just had one limited at 135 orders, but I sometimes do 12 orders or more a day on that account. Tax Id numbers are free though, and that's really all it takes to get the account reinstated.

facto 10-18-2017 12:18 AM

Re: around what amount pp gets limited?
 
Quote:

Originally Posted by Lucynda (Post 878061)
This is correct. However, they might limit you early if Paypal see's you're going to get close to that amount. I just had one limited at 135 orders, but I sometimes do 12 orders or more a day on that account. Tax Id numbers are free though, and that's really all it takes to get the account reinstated.

Tax ID free ? But won't PayPal look into to see if you really are related to that Tax ID or EIN number ??


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