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  #1  
Old 01-16-2019
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Default Ein questions

My legit business paypal with my ssn got perma limited a couple months ago and im currently using a new paypal with same name but different bank, credit card,number, and adress for a couple months that hasn't been limited and i want to upgrade it to business so i have a couple questions about ein

Is there any fee associated with applying for an ein online also do i have to worry about taxes if im only selling old clothes(less than 1k usd yearly)
What information has to match with the ein application and paypal?
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Old 01-16-2019
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Default Re: Ein questions

there is no fee and it is done as soon as you give the irs your info on the site, just have to do it during their online application business hours, literally done this last week. And i did it as a partnership, with a dba to match stealth. 5 mins later gave ebay the info and seller limits increased.

Welcome to the forum- All the best as you master stealth!

Last edited by WasTopRatedThenBanned; 01-16-2019 at 12:16 AM.
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Old 01-16-2019
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Default Re: Ein questions

My question: was the Ein filed Sole Proprietor or LLC/INC?
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Old 01-16-2019
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Default Re: Ein questions

Quote:
Originally Posted by ghackett5 View Post
My question: was the Ein filed Sole Proprietor or LLC/INC?
i havent applied yet what do you recommend for my purpose. Im only a student getting rid of stuff i dont wear anymore so i dont know anything about taxes and llcs
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