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Provide your tax reporting information
 

My stealth account was going great until I got an email from Paypal saying they need one of the items below for tax purposes.

- Your Social Security Number (SSN)
- Your Individual Tax Identification Number (ITIN)
- Your Employer Identification Number (EIN)

I currently had $19,494.35 total sales which they need any of that 3 options when I go above $20,000.

What option should I use to keep me from listing and selling on ebay. Because I can't sell an item because my paypal is currently limited. Please help me.thanks.

Re: Provide your tax reporting information
 

EIN is the best route, there's a good bit of posts about how to get one and how to correctly put it on your account.

Re: Provide your tax reporting information
 

Should I apply here.What information should I put there?My real info,right? Because thats government. And what should I put info regarding my stealth account?


https://sa.www4.irs.gov/modiein/individual/index.jsp

Re: Provide your tax reporting information
 

Yes all real info and that is the correct website. It takes a week or two for the EIN to process in their records so don't add it until two weeks minimum.

The business name has to match the paypal account

Re: Provide your tax reporting information
 

Only the business name is the one that I will use for stealth name and all will be my real info? For example my name on paypal is John Cena, I will put John Cena as business name? thanks.

Re: Provide your tax reporting information
 

Should I put as business name the email of my paypal or the name of owner which is stealth (First last name)

For example should I put enimencharlie53 because my email log in is eminemcharlie53@gmail.com or the name that is in the paypal which is Eminem Charlie? thanks.

Re: Provide your tax reporting information
 

Can I use ITIN if I will operate ony one stealth account?

I am not from US, so for me it is easier to apply for a ITIN.

Any one know about aply for a EIN with a ITIN that I will get?

Re: Provide your tax reporting information
 

Look at this site

www.irs.gov

Free to use.

Good Luck

=}-

Re: Provide your tax reporting information
 

As I am not from US is very complicated and confusing for me to understand how these forms and regulations work. But I am learning. :amen:

I just want to know if I can get a ITIN and use it with my US PayPal stealth account.

Thank you.

Re: Provide your tax reporting information
 

It is the IRS that will give you the info for getting a ITIN.

:)

Re: Provide your tax reporting information
 

Thank you for your response. In fact, I already have ways to get the ITIN ( it is looks like pretty easy to get as I can be a bussiness man that do bussiness with US and need to pay federal taxes), but my biggest issue is that if I get the number I will be able to send to paypal after I get closer to the 200/20,000 limitation and continue to sell normally and beyond this mark.

Re: Provide your tax reporting information
 

Good!

paypal should accept this OK. I have a business account with paypal that accpeted the ITIN.