Paypal Requiring Taxpayer Status
Received an e-mail from PayPal after receiving the first payment (roughly $200) on the account in 3 years.
The e-mail starts: "Because you receive payment for goods or services through PayPal, we need to confirm your taxpayer status."
I haven't seen this limitation (or email) before. Account has not been used for over 3 years, when originally opened and used 3 years ago the account only received payments totaling around $500. Does anyone know why I would receive this email after the first payment?
Do I have to stop taking payments on this account?
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