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-   -   PP is asking for a TAX ID??!! (https://www.aspkin.com/forums/paypal-talk/34611-pp-asking-tax-id.html)

nlikens 07-29-2011 10:11 AM

PP is asking for a TAX ID??!!
 
My stealth has been working fine for the last year, I have 190 positive and no negs. PAYPAL is saying: please provide us with a TAX ID number, that I can only go to 200 transactions without this TAX ID. But my account is stealth how would I get a TAX ID?

sigh.....do I have to start all over again with a new stealth?

They say they will not allow me to transfer funds after 200 transactions with it.

ANYONE ELSE GOING THROUGH THIS?

newjerseymax 07-29-2011 01:38 PM

Get a Tax ID.... Worked for me....

KingRay 07-29-2011 08:24 PM

Get the tax ID with your real SSN on the IRS website. Post a business name, go into paypal and change it to a business account with the same business name. then you are fine.

YOu will have to pay taxes on it and file under that business from now to when ever. You cant just stop one year and expect to not get zapped with an inquiry on what you did with the business. They will want to see paperwork to show how the business was dissolved if you decide to stop.

What I mean is you cant simply file one year and decide a year or so later that you dont want to do that anymore without some well documented proof on what you did with assets, product, etc.

Sell4more2 07-30-2011 12:08 AM

That's why have more then one stealth account and sell from them all. :)

GreenBean 07-30-2011 12:50 AM

there's a magical thing here called SEARCH.

Use it and read the threads that already address the topic.

There are threads from several years back.

Take the head out of the sand and plan to deal with this .:pop2:


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