paypal wanting tax info - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Marketplace Discussions > PayPal Talk

PayPal Talk PayPal Forums. General issues related to PayPal.

Reply
 
Thread Tools
  #1  
Old 11-30-2012
Junior Member
 
Join Date: Oct 2011
Posts: 16
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 62%
iTrader: (0)
Default paypal wanting tax info

Paypal is asking for my us tax id number however i don't have one. What will paypal do if I do not provide one?
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 11-30-2012
Senior Member
 
Join Date: May 2012
Posts: 207
Thanks: 1
Thanked 61 Times in 46 Posts
Activity: 10%
Longevity: 58%
iTrader: (2)
Default

They will limit your bum, in 180 days you will have access to the funds again. Ditch the account.
Reply With Quote
  #3  
Old 11-30-2012
Futuremogul888's Avatar
Senior Member
 
Join Date: Jul 2012
Posts: 527
Thanks: 131
Thanked 393 Times in 214 Posts
Activity: 26%
Longevity: 57%
iTrader: (0)
Default

Not nescessary to ditch the account. Follow these steps:

1) Incorporate (usually to LLC)
2) Get EIN
3) Upgrade to business account
4) Provide EIN to paypal

Then you met the requirement
Reply With Quote
The Following User Says Thank You to Futuremogul888 For This Useful Post:
AmazonStealth (12-04-2012)
  #4  
Old 11-30-2012
Junior Member
Threadstarter  
 
Join Date: Oct 2011
Posts: 16
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 62%
iTrader: (0)
Default

will they limit my ebay account as well or just paypal. i really am very small time. i have had the account a year and have sold around 200 items with average price being 10 to 20 dollars. so i really didnt want to go through the trouble of getting ein.

so you say all they will do is make my funds unaccessible for 6 months and then I can withdrawl from it?

Will I be able to continue to have money sent to paypal from ebay sales and then just withdraw it after they lift my restrictions in 6 months?...i can live with that
Reply With Quote
  #5  
Old 12-01-2012
Junior Member
 
Join Date: Dec 2009
Posts: 101
Thanks: 14
Thanked 55 Times in 18 Posts
Activity: 0%
Longevity: 77%
iTrader: (0)
Default

They will freeze the eBay account associated with it. Listings will still be active but buyers will not be able to pay.

Best bet is to do as FutureMogul888 said.
Reply With Quote
  #6  
Old 12-01-2012
Junior Member
 
Join Date: Nov 2012
Posts: 11
Thanks: 2
Thanked 2 Times in 2 Posts
Activity: 0%
Longevity: 54%
iTrader: (0)
Default

I thought they only prevented your paypal account from RECEIVING payments? Where do they say anything about freezing ebay account?
Reply With Quote
The Following User Says Thank You to knive For This Useful Post:
GreenGhost (12-01-2012)
  #7  
Old 12-01-2012
Junior Member
 
Join Date: Dec 2009
Posts: 101
Thanks: 14
Thanked 55 Times in 18 Posts
Activity: 0%
Longevity: 77%
iTrader: (0)
Default

I am sorry. Maybe they do not freeze the eBay account but buyers cannot buy anything and you cannot create any new listings.

I just went through it maybe 6 weeks ago. I let an account go as long as possible after getting the PayPal message asking for the tax info. PayPal asked for the info after about $8000 in sales. The account lasted for about two more months and it hit $26,000 in sales and then everything was frozen. It took me about 12 hours to realize what was wrong. I already had all my info ready to go and added it to PayPal. Everything was good within a few minutes.
Reply With Quote
The Following 2 Users Say Thank You to Emanresu For This Useful Post:
knive (12-03-2012), unkown5454 (12-04-2012)
  #8  
Old 12-01-2012
GreenBean's Avatar
Executive [VIP]
 
Join Date: Sep 2007
Posts: 42,042
Thanks: 5,509
Thanked 9,022 Times in 7,036 Posts
Activity: 0%
Longevity: 95%
iTrader: (6)
Default

Quote:
Originally Posted by css1 View Post
They will limit your bum, in 180 days you will have access to the funds again. Ditch the account.
Elaborate on this outstanding piece of help will you?

Where does the OP say he is limited? He speaks to having problems with paypal because of a lack of TAX INFO.

Options exist to resolve this, far different from needing treatment for sore bottoms.

Re-read the first post and see if you want to share your thoughts again.

Reply With Quote
The Following 2 Users Say Thank You to GreenBean For This Useful Post:
TurtleCove (12-04-2012), unkown5454 (12-04-2012)
  #9  
Old 12-03-2012
Junior Member
 
Join Date: Nov 2012
Posts: 11
Thanks: 2
Thanked 2 Times in 2 Posts
Activity: 0%
Longevity: 54%
iTrader: (0)
Default

Quote:
Originally Posted by Emanresu View Post
I am sorry. Maybe they do not freeze the eBay account but buyers cannot buy anything and you cannot create any new listings.

I just went through it maybe 6 weeks ago. I let an account go as long as possible after getting the PayPal message asking for the tax info. PayPal asked for the info after about $8000 in sales. The account lasted for about two more months and it hit $26,000 in sales and then everything was frozen. It took me about 12 hours to realize what was wrong. I already had all my info ready to go and added it to PayPal. Everything was good within a few minutes.
Can you tell me, did they do something to the ebay? or did the auctions still go the duration. Im wondering if the auction ends, and your paypal is not allowed incoming payments by them, will it tell the buyer that payment cannot be processed? OR does it process and go through, but without being added to your balance.

I also just got the tax info message after 8k sales and about 100 transactions. If I stop selling for the rest of the year will this request go away after Jan?
Reply With Quote
  #10  
Old 12-04-2012
Senior Member
 
Join Date: Feb 2012
Posts: 1,070
Thanks: 26
Thanked 203 Times in 166 Posts
Activity: 0%
Longevity: 60%
iTrader: (0)
Default

Wow, way too many of these new posters need to stop posting what they "think". Way too much false and misleading information be given. Please refer to P Diddy for the accurate info.
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Noob Here Wanting to Buy Product Instead of W/D transitionfighter PayPal Talk 11 08-03-2011 10:24 PM
UK user wanting to buy from US eBay ryanba UK eBay & Paypal 2 07-21-2011 07:51 AM


Aspkin Group

All times are GMT -5. The time now is 05:25 PM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts