renzini | 09-21-2011 02:26 PM | Paypal, IRS & newbie questions Hi
I received this message on my Stealth PP account this morning.
I don't know what to do?
I'm close to the $20000 around $17000 and PP sent me this.
Please provide us with your tax ID number. Your tax ID number lets us send you Form 1099-K, as required by the IRS under certain conditions. Find more information about the new tax rules and why we need your tax ID at www.paypal.com/irs.
Can I open a business on to my name(legal), upgrade my Stealth paypal to a business Account, provide the new legal business EIN to them and still selling on my stealth eBay account without any pay pal or eBay restrictions?
This are two eBay power sellers accounts that I don't want to loose.
Please help
Thank you |