Forum

Stealth Plan Need Opinions
 

I got to thinking, to avoid the 200 transactions AND 20K in sales thing where paypal reports your income to the IRS and starts asking for SSN/EIN, I was thinking about making 5 Paypal accounts and about 20 Ebay accounts, 4 accounts to each paypal account,

I once had 9 accounts on 1 paypal and it worked very well until I was suspended, but it wasn't because of that.

If I went up to 10K in sales a year on each paypal account, I could avoid being asked for the SSN/EIN.

I would still file the income and pay my taxes. Is this feasible?

I would sell on the first 4 accounts until I hit around 10K then switch to the 2nd set of 4 and rotate. Need some opinions.

I think it would work fine. I would have different addresses, bank accounts, and CCs on each one.

Then I can continue to sell 50K in sales a year without being limited.

well seems like you thought this out. If you had 9 accounts on 1 paypal then I believe it would be feasible for you. The worst that can happen is you can suspended on all accounts.

Rotating is the right idea - well thought out.

Would Paypal be able to link the accounts in a sense if I use the same IP, im not worried about being linked for suspension, If I went to 10K in sales on 2 Paypals, would they still ask for tax ID even though I had different addresses and names on the accounts?

Would I be able to use the same phone number I have for my main stealth or would I have to have everything completely different? I ask because, if I go to 10K on the first paypal, and attempt to do the same on 2nd, would they see it as the same person and hit me with the tax ID request?

Everything has to be completely different...EVERYTHING!

Could someone PLEASE get me a large bottle of spirits?

I want to drown myself.

Why has no-one CARED enough to let the OP know that the plan has glitches?

Just one point: if a seller is using an account AND paypal PERCEIVES the balance may go to $20,000 and/or
200 items, they will ask for EIN/Tax info.



:pout:

Everyone is too busy prepping for the Christmas season. Or just maybe that everyone is too tired to answer the same question of always only get 1 ebay to 1 paypal.

What is the LOWEST amount of sales in this forum that paypal has asked for tax info, and I am sorry if I ask stupid questions... I am just a beginner and I always felt comfortable to ask for advice but I don't know anymore.

Ebay/payapl will ask at their discretion...Meaning they can ask at any time if they feel you will hit that 200/$20k mark at some point during the year. I know your looking for straight forward answer but this is one of those that only Ebay/paypal knows when ever they feel they need that information, sorry.

Understood, thank you.