Bank accounts and PP debit cards - 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 > Platform Discussions > PayPal Talk

PayPal Talk PayPal Forums. General issues related to PayPal.

Reply
 
Thread Tools
  #1  
Old 05-25-2014
Junior Member
 
Join Date: May 2014
Posts: 8
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 57%
iTrader: (0)
Default Bank accounts and PP debit cards

Hello,

I have a questions about bank accounts and Prepaid debit cards.
Does the US Government track each transaction that goes through your bank account or a pre paid debit card?

i am putting about $2000 per week and withdrawing it from my paypal account and withdrawing it. I am also depositing about $500 weekly on like 4 pre paid debit cards. Will this be tracked? Will the goverment start asking where this money is coming from?

How do people usually withdraw money from their stealth paypal accounts here?

any info would be appreciated.
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 05-27-2014
oompaloompa's Avatar
Executive [VIP]
 
Join Date: Jul 2008
Posts: 9,590
Thanks: 503
Thanked 1,484 Times in 1,192 Posts
Activity: 0%
Longevity: 91%
iTrader: (7)
Default Re: Bank accounts and PP debit cards

they dont track every transaction in the way you put it, but the bank may report you or contact you, re reaching taxable limits...would have thought you know that, it is obvious..

money can only go to a bank from paypal ultimately whichever way you route it...but you can pay a supplier with some of your paypal money which saves it from being withdrawn...
__________________
https://youtu.be/bn4t0BuClbw
Reply With Quote
  #3  
Old 05-27-2014
aspkin's Avatar
Administrator
 
Join Date: Jan 2007
Posts: 11,372
Thanks: 3,072
Thanked 4,228 Times in 1,792 Posts
Activity: 4%
Longevity: 100%
iTrader: (24)
Default Re: Bank accounts and PP debit cards

Withdraw it as you would any PayPal account. It's just money. Make sure to pay your taxes on your profits and you'll be fine.

Cheers!
__________________
Reply With Quote
  #4  
Old 05-27-2014
Junior Member
Threadstarter  
 
Join Date: May 2014
Posts: 8
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 57%
iTrader: (0)
Default Re: Bank accounts and PP debit cards

Well the reason i ask is because i am buy products from different people trough craigslist and selling them on eBay so i don't have receipts. I don't really know much about taxes so i just don't know what happens when i have to pay taxes at the end of the year. Will i be asked for receipts which i don't have and since i don't will that get me in trouble?

I should probably take a business course.
Reply With Quote
  #5  
Old 05-27-2014
GreenBean's Avatar
Executive [VIP]
 
Join Date: Sep 2007
Posts: 42,343
Thanks: 5,612
Thanked 9,142 Times in 7,106 Posts
Activity: 0%
Longevity: 96%
iTrader: (6)
Default Re: Bank accounts and PP debit cards

Quote:
Originally Posted by maxspeed017 View Post
Hello,


How do people usually withdraw money from their stealth paypal accounts here?

any info would be appreciated.
If you read thro' the paypal fourm & paypal limited forum, there are heaps of posts on the topic.

Mainly we suggest having a variety of methods to obtain your own funds:

bank transfer
purchasing items

Never EVER consider transfers from stealth to real paypals to avoid links.

Please also keep in mind, you earn money you pay taxes.

Reply With Quote
  #6  
Old 07-27-2014
Junior Member
 
Join Date: Mar 2014
Posts: 25
Thanks: 0
Thanked 1 Time in 1 Post
Activity: 0%
Longevity: 58%
iTrader: (0)
Default Re: Bank accounts and PP debit cards

Just don't grow a beard or you will be arrested on terrorism charges
Reply With Quote
The Following User Says Thank You to TheJunkieMonkeyZoklet For This Useful Post:
pr0wake (07-27-2014)
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
Prepaid debit cards or Old Fashion Bank Accounts?, Dmshark25 PayPal Talk 20 06-18-2013 01:51 AM
Paypal debit cards for stealth accounts davsar PayPal Talk 3 09-28-2011 08:20 PM
Paypal debit cards with stealth accounts ezmoney Subscriber Discussions 7 03-05-2011 12:40 PM
Debit Cards, Bank Accounts and paypal, ebay tokie Subscriber Discussions 1 01-29-2011 06:41 AM
PayPal can't confirm names on debit cards or bank accounts? imjustme PayPal Talk 6 08-14-2007 12:32 PM


Aspkin Group

All times are GMT -5. The time now is 05:38 AM.


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 - 2024, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58