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PayPal Tax ID Confirmation Business or Personal Name
 

Hello,


So, PayPal has asked for the Tax ID info just late last year and I provided the business name and EIN information. I just had sales this morning and an email from PayPal stating that I had to confirm my tax id information again. I put in the same information as I did last year and now it said it didn't match. I called the IRS to find out if anything changed and I was told that I have to put my personal name instead of the business name with the EIN. How is this going to affect things now?

I've had this stealth account now for over 2 years. Haven't made anywhere close to 20k but, may have been about 200 transactions since then.

It's been using my business name since I've set up the business account. But, I didn't know I wasn't supposed to put the business name instead of my personal name.

Please let me know how to take care of this. I don't want my real personal name to be showing on the account instead of the business account and also worried if this is going to affect the stealth account.

Re: PayPal Tax ID Confirmation Business or Personal Name
 

You can open a new LLC with the stealth name and your real name as a partnership company and use the stealth ⊗⊗⊗⊗ name on it so easily