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-   -   Paypal asking to TAX ID information (https://www.aspkin.com/forums/paypal-talk/146976-paypal-asking-tax-id-information.html)

mchammer1 02-28-2022 01:48 AM

Paypal asking to TAX ID information
 
I have an account in the US that doesn't have a SS or ITIN linked to it.
PP sent me numerous e-mails warning me the account will get limited for the past 6 months. I didn't do anything since I don't have tax id they asked.
Received and withdrew money today without a problem.

Is the account going to get limited once I hit $600 or all those e-mails were BS??

Did anyone got their PP account limited due to not entering TX information???
I am very curious to know if anyone got their account limited after they receive more than 600 because I think that is what will be the max amount they will let you receive without a tax ID

Roy3805 02-28-2022 04:50 AM

Re: Paypal asking to TAX ID information
 
Every selling platform has to provide tax id for over $600 sales now.

rsot 02-28-2022 05:13 AM

Re: Paypal asking to TAX ID information
 
Quote:

Originally Posted by Roy3805 (Post 1186139)
Every selling platform has to provide tax id for over $600 sales now.

Increased measures indeed.

mchammer1 02-28-2022 09:02 AM

Re: Paypal asking to TAX ID information
 
Quote:

Originally Posted by Roy3805 (Post 1186139)
Every selling platform has to provide tax id for over $600 sales now.

yes I understand that. What I am wondering is what will happen to this pp account if I don't provide any tax ID info

Roy3805 02-28-2022 10:37 AM

Re: Paypal asking to TAX ID information
 
Not sure. They may hold funds and limit your account like eBay does

Luminary 02-28-2022 11:02 AM

Re: Paypal asking to TAX ID information
 
Quote:

Originally Posted by mchammer1 (Post 1186160)
yes I understand that. What I am wondering is what will happen to this pp account if I don't provide any tax ID info

They'll limit the account most likely.

SaiJin 02-28-2022 02:40 PM

Re: Paypal asking to TAX ID information
 
Quote:

Originally Posted by mchammer1 (Post 1186160)
yes I understand that. What I am wondering is what will happen to this pp account if I don't provide any tax ID info

Most likely they'll limit the account.
Why not give them an EIN?

mchammer1 03-01-2022 09:51 AM

Re: Paypal asking to TAX ID information
 
Quote:

Originally Posted by SaiJin (Post 1186174)
Most likely they'll limit the account.
Why not give them an EIN?


I don't have an EIN. Do you know how to apply for one online?

JamesNorth101 03-01-2022 09:55 AM

Re: Paypal asking to TAX ID information
 
Quote:

Originally Posted by mchammer1 (Post 1186160)
yes I understand that. What I am wondering is what will happen to this pp account if I don't provide any tax ID info

You wont be able to do anything with the account they will just hold the funds

Just get an EIN an apply it to the account

Luminary 03-01-2022 11:40 AM

Re: Paypal asking to TAX ID information
 
Quote:

Originally Posted by mchammer1 (Post 1186226)
I don't have an EIN. Do you know how to apply for one online?

Go to the IRS website and you can apply online.

SaiJin 03-01-2022 03:13 PM

Re: Paypal asking to TAX ID information
 
Quote:

Originally Posted by mchammer1 (Post 1186226)
I don't have an EIN. Do you know how to apply for one online?

Ummm yes... it's easy... go to irs.gov and apply for one.

Takes minutes


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