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Old 12-10-2017
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Default Does end of year reset PayPal request?

I was asked for a tin on my stealth account just this week. I won't go over 200 or 20000 this year and was wondering if that request will go away Jan 1?

Thanks!

Edit: They're asking for the tin because I was getting close to 200. 156 transactions, 12k sales.
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Old 12-10-2017
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Default Re: Does end of year reset PayPal request?

They used to reset sometime in January. Someone else will confirm or deny this or give better details I'm sure.

The question is more will they limit the account before that reset...
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Old 12-10-2017
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Default Re: Does end of year reset PayPal request?

Yes....January 1st sometime you should be able to collect funds again even if the banner still shows.
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Old 12-11-2017
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Default Re: Does end of year reset PayPal request?

^^Accurate^^
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Old 01-20-2019
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Default Re: Does end of year reset PayPal request?

What about January 2019? I'm still waiting to get the limitation removed.
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Old 01-21-2019
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Default Re: Does end of year reset PayPal request?

I just checked one of my limited accounts and it still has the message but no 1099 (stayed under 200/20k). Lets see when/if it resets.
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Old 01-27-2019
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Default Re: Does end of year reset PayPal request?

My account is not resetting either. It usually resets by now? Is this the new paypal? Is anyone's accounts resetting?
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Old 01-27-2019
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Default Re: Does end of year reset PayPal request?

Nobody's account is resetting. They hit you with it and it will stay. You will have to abandon the PayPal account and create a new one. I did, and immediately got hit with the verification thing online.
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Old 01-28-2019
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Default Re: Does end of year reset PayPal request?

Hi!
I have related question.
Does this 200 sales/$20k limit count from January 1st or from September 1st?
Got couple accounts limited last August though was not close to the limit (but oversold if counted from September 2017).
Thank you.
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