| BigCJ | 10-31-2012 10:13 AM |
Quote:
Originally Posted by smohsin586
(Post 388821)
ok this is wat i do
i add an address to the paypal
address 1: my name
address 2: 1234 street name
city:
state
zip
so i put my name and my address or an address where i can get a hold of the mail
then i request checks to the new address
so what happens is they write u a check and there will be two names on the check
the name on paypal and your name
how are u gonna cash it?
u gotta go to ur local liqour store where they know u well
they will cash it since your name is on it too
they usually charge me 3% to cash it
irs wont come after u for all this money because the check is actually written under the ⊗⊗⊗⊗ paypal name
| Yes they will....paypal doesnt care about the name as much as they care about the NUMBERS. Once you cross a certain threshold in monies, they will limit your account and request for the '⊗⊗⊗⊗' paypal holders info.
You cashing a check will not stop this from happening.
If you make 20k or 200 sales, try to cut a check, paypal bots will tell the person handling the info 'STOP! This person needs to give us info so we can give it to the IRS and keep our honest sellers from evading taxes"
So now, not only is your account limited until you add said info, but you have wasted around a week waiting for a check that will never happen.... | 
