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  #1  
Old 06-19-2019
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Default 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?
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  #2  
Old 06-19-2019
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Default 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.
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  #3  
Old 06-20-2019
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Default Re: 5 paypal accounts

not allowed such as 5 accounts
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Old 06-20-2019
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Default Re: 5 paypal accounts

Correct 1 personal and 1 business is what your allowed
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Default 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.
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Old 06-20-2019
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Default Re: 5 paypal accounts

1099k goes by SSN,so you get one SSN if all your accounts have the same SSN
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Old 06-20-2019
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Default Re: 5 paypal accounts

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Originally Posted by agent006140 View Post
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.
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Old 06-20-2019
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Default Re: 5 paypal accounts

5 1099 from Paypal or 5 x 1099 ,one from each payment provider like Etsy,Amzn,Paypal,etc
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Old 06-20-2019
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Default 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.
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Old 06-20-2019
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Default Re: 5 paypal accounts

Quote:
Originally Posted by phaz0rz View Post
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
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Old 06-26-2019
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Default Re: 5 paypal accounts

Quote:
Originally Posted by phaz0rz View Post
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%?
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Old 06-26-2019
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Default Re: 5 paypal accounts

Paypal are c----!
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  #13  
Old 06-26-2019
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Default Re: 5 paypal accounts

Quote:
Originally Posted by Top Shelf Vapes View Post
Paypal are c----!
I love them.
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Old 06-26-2019
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Default Re: 5 paypal accounts

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Originally Posted by Top Shelf Vapes View Post
Paypal are c----!
Then don't use that service
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