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-   -   Getting close to 20k limit nd need some good advice regarding EIN and upgrading (https://www.aspkin.com/forums/paypal-talk/96134-getting-close-20k-limit-nd-need-some-good-advice-regarding-ein-upgrading.html)

golferman 05-06-2016 02:21 PM

Getting close to 20k limit nd need some good advice regarding EIN and upgrading
 
So Im getting close to the 20k limit and i will have to provide ssn. Now my account is under my real info but like 8 years ago I had another paypal account in my name with a SSN that went bad

Now I need some advice...

Should i provide my real SSN again? Since it have been a long time will paypal still even have that record?

Does paypal match the SSN to the name of the ssn? Do they use a database?

Now from what i hear another option is to upgrade to a business account and provide a EIN before the limit correct? Do paypal match the EIN to the actual name on the EIN?

When I upgrade to a business account I will have to provide a business name, so does that mean I have to make a new bank account so the deposits of paypal match the name on the bank account or just use a EIN with a name the same as the name on bank account?

What sucks is when i try to register a new EIN sole proprietor it says i already have one registered which i did a decade ago which i think i used a business name. Can i change the name on that EIN with IRS to a name that matches the name on my paypal?

If I provide EIN now, why I still get the limit at 20k?

Thanks for the advice, I know its a lot of questions

elmo 05-06-2016 02:49 PM

Re: Getting close to 20k limit nd need some good advice regarding EIN and upgrading
 
I see you picked up eBay stealth, have you read it?

lulbert 05-07-2016 05:18 PM

Re: Getting close to 20k limit nd need some good advice regarding EIN and upgrading
 
Where do you see how much money you have sent and received?

yankee 05-07-2016 05:21 PM

Re: Getting close to 20k limit nd need some good advice regarding EIN and upgrading
 
If you want to use your old EIN then when upgrading use the old business name.


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