jm091804 | 08-09-2018 09:43 AM | Mismatch name for paypal tax id Not sure how to go about this do i need to open new ein with stealth name?
i opened with my name last time to get ein. here is the email
This is legit email right?
We’re required to submit a Form 1099-K to the U.S. Internal Revenue Service (IRS) when the payments you receive through your PayPal account for goods and services exceed the applicable tax information reporting thresholds. Because the name and Tax Identification Number (TIN) we have on file doesn’t match the information on file with the IRS, we need you to update your account information.
Please follow the steps below to update this information, so we can file an accurate Form 1099-K with the IRS when necessary, and you can avoid potential account limitation in the future.
Download a U.S. IRS W-9 tax form here. Complete and sign the form.
Log in to your PayPal account.
Then, visit the Resolution Center to upload the W-9 tax form by September 15, 2018.
Important: If you don’t correct your name and tax identification mismatch, PayPal might be required to limit your account in order to comply with IRS requirements.
Helpful tips:
If you’re an individual or a sole proprietor, you’ll need to complete the W-9 with the PayPal accountholder’s legal name.
If you’re a legal entity (example - Corporation, LLC, non-profit), you’ll need to complete the W-9 with your business’s legal name.
If you have multiple PayPal accounts, you need to ensure that your name and TIN is correct for each account.
You can learn more on our Tax Information Reporting page. |