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  #1  
Old 12-26-2014
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Thumbs down EIN name matching issue!

My paypal stealth account does not match the name i have on ein number. Got an email from paypal that irs informed that name on ein does not match with paypal 1099 which is true. My account is business account and I thaught the 1099 will be on my business name but it is not. Any help or advice for future account. following is the email from paypal:

Submit your W-9 information now



We contacted you earlier about updating your taxpayer information. We are requesting this action because the IRS notified us that the combination of your name and Taxpayer Identification Number (TIN) on your PayPal account does not match its records.

Currently, you cannot close your account because we haven't received your update yet. It's important that you submit updated W-9 information by 2014 or your account will be limited and you will not be able to receive any payments. You can download and complete the W-9 form easily and securely online or mail it in.

To get started, log in to your PayPal account and an alert will appear asking you to update your name and/or TIN.
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  #2  
Old 12-26-2014
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Default Re: EIN name matching issue!

Sounds like you did not update all the info to the EIN business name when you added the EIN.

So fix your paypal account. Not anything else you can do. In the future, upgrade to business and change everything correctly.
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Old 12-26-2014
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Default Re: EIN name matching issue!

Quote:
Originally Posted by yankee View Post
Sounds like you did not update all the info to the EIN business name when you added the EIN.

So fix your paypal account. Not anything else you can do. In the future, upgrade to business and change everything correctly.
Actually i did update the account with business info. But counld not change the individual name. Paypal ask for too much documentation. Is there any work arround.
Thanks
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Old 12-26-2014
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Default Re: EIN name matching issue!

Quote:
Originally Posted by mike7860 View Post
Paypal ask for too much documentation. Is there any work arround.
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Sure, what exactly did you have in mind? I mean honestly......there's no magic code, no cheat-code.
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Old 12-26-2014
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Default Re: EIN name matching issue!

what needs to be change. I changed the business information but indiviual inforrmation could not be changed because of documentation asked by paypal.
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Old 12-26-2014
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Default Re: EIN name matching issue!

Do whatever paypal requires you to do. Nothing else you can do.

In the future change everything correctly when upgrading and eliminate this issue.
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Default Re: EIN name matching issue!

how will you change the individual name from a stealth account while you are banned from ebay. The account will be linked.
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Old 12-26-2014
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Default Re: EIN name matching issue!

Lost me.
When you upgrade the paypal to business, ALL existing info goes away per say(still on file of course) and new Company Name, Address, tellephone, EIN is added.

Sounds like you just added the EIN.

What does this have to do with ebay?
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Default Re: EIN name matching issue!

Well i added the ein number to my stealth account. But the original name could not be changed. Ebay has nothing to do with this.
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Default Re: EIN name matching issue!

You probably has to call PayPal and tell them your business name on their side is not updated and that's why it's not matching. Can't do it on the site now you gotta call, what yankee is saying that you need to do it right in the future, when you upgrade to business account is the only time you can change name in PayPal to business name.
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Default Re: EIN name matching issue!

Quote:
Originally Posted by trosky View Post
You probably has to call PayPal and tell them your business name on their side is not updated and that's why it's not matching. Can't do it on the site now you gotta call, what yankee is saying that you need to do it right in the future, when you upgrade to business account is the only time you can change name in PayPal to business name.
got it. But you put your real name as you are banned. Should I put the indiviual name as the business name?
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Default Re: EIN name matching issue!

You put the BUSINESS name that you used to register that EIN NOT any individual name. You mentioned that you changed to business account so I hope you are using an EIN from a LLC and not a personal EIN. And also that the business name doesn't have any old banned name from the past
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  #13  
Old 12-26-2014
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Default Re: EIN name matching issue!

No personal info at all. JUST BUSINESS INFO.
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