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Old 02-26-2019
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Default PayPal did not reset annual selling limit

PayPal usually reset limit on 1/15, so all accounts that did not go over 200 transactions without SSN can start selling again. However, for this year, none of my stealth account has been reset, even for one thatís active for selling. Anyone know why?
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Old 02-26-2019
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Default Re: PayPal did not reset annual selling limit

Search function exists for a reason, bruv
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Old 02-27-2019
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Default Re: PayPal did not reset annual selling limit

Lots of people have said this.

Did you test it and did you call in?
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Old 02-27-2019
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Default Re: PayPal did not reset annual selling limit

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Originally Posted by yankee View Post
Lots of people have said this.

Did you test it and did you call in?
They had been doing reset by sending out email on 1/15 for the pass few years, however, the account seller said there are some delay and some unknown reason. I didnt call coz my own account had been banned for long time...lol
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Old 02-27-2019
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Default Re: PayPal did not reset annual selling limit

Past post says they ain't doin it no more. Part of the 2019 initiative.
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Old 02-27-2019
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Default Re: PayPal did not reset annual selling limit

They won't be resetting this year. Provide EIN/SSN or account is unfortunately toast. If you want to continue operating under the same model as previous years you will need to make sure you don't hit enough sales to get the request.
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Old 02-27-2019
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Default Re: PayPal did not reset annual selling limit

Quote:
Originally Posted by martyjump View Post
They won't be resetting this year. Provide EIN/SSN or account is unfortunately toast. If you want to continue operating under the same model as previous years you will need to make sure you don't hit enough sales to get the request.
I see, so whatís the exact selling number that they will send out first request?
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Old 02-27-2019
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Default Re: PayPal did not reset annual selling limit

Quote:
Originally Posted by backtobay View Post
I see, so whatís the exact selling number that they will send out first request?
Sometimes a few items...Other times 120 items....Sometimes 199 items. Sometimes $1200 other times $30,000

Depends on the month, sales velocity and items being sold.

Sell 20 $10,000 items over a few months and you wont have any request. Sell 50 $1.00 items in a day and you will have it within a few days.
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Old 02-27-2019
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Default Re: PayPal did not reset annual selling limit

Quote:
Originally Posted by backtobay View Post
I see, so whatís the exact selling number that they will send out first request?
Its going to vary. Nobody has the inside info.

I can say I've sold 70k rev with about 150 sales and not had any request. I'm currently shutting that account down, for the rest of this year.

I sell 0-5 items per day, avg being about 2 per day.
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Old 02-27-2019
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Default Re: PayPal did not reset annual selling limit

Quote:
Originally Posted by backtobay View Post
I see, so whatís the exact selling number that they will send out first request?


Mine was $56 in 3 months, so go figure.
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Old 02-28-2019
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Default Re: PayPal did not reset annual selling limit

Quote:
Originally Posted by Kajunrook View Post
Mine was $56 in 3 months, so go figure.
You got a Tax ID request for 1099k for $56 in sales? WTF?
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Old 03-04-2019
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Default Re: PayPal did not reset annual selling limit

Quote:
Originally Posted by Leader2dark View Post
Its going to vary. Nobody has the inside info.

I can say I've sold 70k rev with about 150 sales and not had any request. I'm currently shutting that account down, for the rest of this year.

I sell 0-5 items per day, avg being about 2 per day.
how you do 70K? limit is 20K isn't it?
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Old 03-04-2019
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Default Re: PayPal did not reset annual selling limit

Quote:
Originally Posted by backtobay View Post
how you do 70K? limit is 20K isn't it?
Have to meet both thresholds. 200 AND $20k. (ie, if you did 250 and 70K)
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Old 03-04-2019
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Default Re: PayPal did not reset annual selling limit

so when you say it has to meet both thresholds it could be 200 sales but only $10K and it is not limited?
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Old 03-04-2019
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Default Re: PayPal did not reset annual selling limit

I received 1099's for all of my accounts (granted they were converted to business accounts after being limited) but they did not all hit 200 sales or 20k, most did not. So I wouldn't put a lot of stock into that being their cutoff anymore, unless this is only because they were business accounts.
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