Can anyone clear this up for me?

jojo2012 · #1 10-21-2015

I been asked for my tax id numerous times on PP & Ive generally waited to get My $ out, Pay all ebay fees & let the account go, Ive played with attaching new PP for a while too.
But I keep reading that if I am asked for tax info, (which I just received 4 in the past month), Only about $1,500-$2,500 in sales each, If I just wait till 2016 They will stop asking & possibly putting REAL limitation on my account like keeping my money?

Also If I add an EIN They wont see my real name?

My other question is, If get an ein, Give it to a paypal, Can I then go & get a new Ein & then give it to a different PP account?

I read on .gov you can only have 1 ein at a time so I'm guessing the other one is then cancelled?

Ps I don't need a bunch of replys telling me to get an accountant, If I really needed on I'd have one & chances are I wouldn't bring up the nonsense I'm doing anyway. I actually asked a couple different "accountants" & they didn't have a clue..... Kinda like when you ask a Walmart employee about something in a different department.

jjjjj · #2 10-21-2015

No they can't see the name on the ein. For each llc you open you can have 1 ein. If you open 8 llcs you can get 8 eins. So you can have multiple eins at the same time.