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-   PayPal Talk (https://www.aspkin.com/forums/paypal-talk/)
-   -   PayPal stealth name but EIN in my name? (https://www.aspkin.com/forums/paypal-talk/133751-paypal-stealth-name-but-ein-my-name.html)

Vk2390 02-21-2020 05:12 AM

PayPal stealth name but EIN in my name?
 
I have a questions regarding my stealth PayPal account. I intend to upgrade my personal stealth PayPal account to business account prior the the 20K/200 transaction mark. I might be over complicating this but I haven’t found an exact answer reading through the forum.

Let’s say my stealth PayPal name is John smith. My real name is Peter Pan, and I have an EIN as a sole proprietor for Peter Pan. When I upgrade my PayPal to business, from what I read, PayPal will ask for EIN/SSN.

Question1: Can I provide my EIN (Peter pan) to the PayPal stealth account even though the names do not match?Does the IRS cross check this, or cross check the EIN/SSN?

Question 2: I provided my SSN to an old PayPal account(under my real name and not limited) that is linked to a now suspended eBay account. Does this create an issue?

Question 3: will opening an LLC and getting a new EIN work? I also read that PayPal asks for ID verification. Whats the solution for me regarding the stealth name PayPal account?

Vk2390 04-10-2020 05:13 AM

Re: PayPal stealth name but EIN in my name?
 
Bump.....need to know this soon

rsot 04-10-2020 06:08 AM

Re: PayPal stealth name but EIN in my name?
 
Lot of posts regarding EIN use - it's an effective tool.

Question 2: the PP account is still in good standing - while ppl have reported success with creating new ebay and using an old PP, keep in mind that a link exists and COULD cause issue - never can be 100% sure


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