New IRS requirement – take action now

[BleepBloop]

Originally Posted by mchammer1

thank you so much for your reply.
What is tax limited? They will withheld 30% of whatever money I receive similar to the banks holding 30% of the interest paid on a saving account when the SS doesn't match?

No. Meaning you won’t be able to use account until you provide tax ID.

“you'll need to confirm your taxpayer status by providing your Tax ID Number to meet the requirement and avoid any disruption to your account.”

[BleepBloop]

Originally Posted by triplex

600$ / year , or 600$/ transaction ?

G&S transactions totaling more than $600/year. They did away with the “number of transactions threshold”

https://runningwithmiles.boardingare...stimulus-bill/

(Not Amazon, eBay or PayPal link).

[mchammer1]

Originally Posted by gnb00

Thanks for the heads up, I was led to believe that because I'm not in the US my only choice was to do it through one of these websites. So I can just file everything myself even though I'm not in the US?

You need to get an ITIN number if you want to keep it simple and operating as individual.
I don't know if you can do it yourself online as the others suggested.
You can Google search and check.

[ebaystealth1974]

Originally Posted by mchammer1

Can't touch this!

[theintersect]

if anyone gets limited or suspended for not entering the info, please let us know