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-   PayPal Talk (https://www.aspkin.com/forums/paypal-talk/)
-   -   5 paypal accounts (https://www.aspkin.com/forums/paypal-talk/127224-5-paypal-accounts.html)

ithelps 06-19-2019 10:13 PM

5 paypal accounts
 
Is it allowed to have 5 paypal accounts under your name and address and info and everything? Is paypal going to send me 5 tax forms when the year ends?

WEI 06-19-2019 10:40 PM

Re: 5 paypal accounts
 
I maybe wrong, but you are only allowed to have 2 accounts under the same name - 1 Premier/Personal and 1 Business Account.

shelfer.org 06-20-2019 12:48 AM

Re: 5 paypal accounts
 
not allowed such as 5 accounts

bman707 06-20-2019 12:49 AM

Re: 5 paypal accounts
 
Correct 1 personal and 1 business is what your allowed

tablain 06-20-2019 01:00 AM

Re: 5 paypal accounts
 
You should close your unused pp account, else gonna face limitation on all.
Use max 2 pp business+premier )
or stealth is welcoming you open arms.:)

agent006140 06-20-2019 07:44 AM

Re: 5 paypal accounts
 
1099k goes by SSN,so you get one SSN if all your accounts have the same SSN

phaz0rz 06-20-2019 12:32 PM

Re: 5 paypal accounts
 
Quote:

Originally Posted by agent006140 (Post 1012581)
1099k goes by SSN,so you get one SSN if all your accounts have the same SSN


Nah s/he'd get 5 1099's and would have to combine all the income him/herself.

agent006140 06-20-2019 12:39 PM

Re: 5 paypal accounts
 
5 1099 from Paypal or 5 x 1099 ,one from each payment provider like Etsy,Amzn,Paypal,etc

phaz0rz 06-20-2019 01:00 PM

Re: 5 paypal accounts
 
From Paypal. It happened to me before I knew about stealth or business accounts. I had 3 accounts with my name and SSN. They made a 1099 for each account and then limited all 3 because one account was limited already.

agent006140 06-20-2019 04:57 PM

Re: 5 paypal accounts
 
Quote:

Originally Posted by phaz0rz (Post 1012647)
From Paypal. It happened to me before I knew about stealth or business accounts. I had 3 accounts with my name and SSN. They made a 1099 for each account and then limited all 3 because one account was limited already.

years ago,we dont have to give away our SSN,so Paypal may not know all three accounts belong to the same person

ithelps 06-26-2019 04:17 AM

Re: 5 paypal accounts
 
Quote:

Originally Posted by phaz0rz (Post 1012647)
From Paypal. It happened to me before I knew about stealth or business accounts. I had 3 accounts with my name and SSN. They made a 1099 for each account and then limited all 3 because one account was limited already.

So how do you manage multiple PayPal's now? Using same SSN or using different ein for each account?

If one of my pp got limited with real name address and SSN, would my other 4 get linked and limited as well 100%?

Top Shelf Vapes 06-26-2019 06:27 AM

Re: 5 paypal accounts
 
Paypal are c----!

phaz0rz 06-26-2019 06:55 AM

Re: 5 paypal accounts
 
Quote:

Originally Posted by Top Shelf Vapes (Post 1014116)
Paypal are c----!

I love them.

rsot 06-26-2019 07:51 AM

Re: 5 paypal accounts
 
Quote:

Originally Posted by Top Shelf Vapes (Post 1014116)
Paypal are c----!

Then don't use that service


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