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-   -   Paypal request me to Add SSN/ITIN/EIN in paypal!!!!! Help! (https://www.aspkin.com/forums/paypal-talk/98870-paypal-request-me-add-ssn-itin-ein-paypal-help.html)

kakashiveil 08-22-2016 06:48 AM

Paypal request me to Add SSN/ITIN/EIN in paypal!!!!! Help!
 
Dear all,

I have received an email from Paypal requesting me to add the SSN/ ITIN / EIN in paypal otherwise my account will be limited, as i am come from Hong Kong, we don't have any this info, anyone know what can i do?

Thanks!

Kakashi


><><><><><><><><><><><><
To comply with the Internal Revenue Service's (IRS) rules, we ask that you
submit your Tax ID number to us as soon as possible. Your Tax ID number is
one of these:

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

We are required to obtain tax ID numbers from all online sellers who
receive payments for goods or services through PayPal. If you do not
provide us with your Tax ID number, your account access will be limited,
and you will be unable to request or receive money. After you provide us
your Tax ID number, your account will be fully functional.

Here's how to submit your Tax ID number:

1. Log in to your PayPal account.

2. A message will appear asking you to update your information.

3. Click Provide Now and follow the instructions.

If you have multiple PayPal accounts, repeat these steps for each account.

We'll use your Tax ID number to send tax Form 1099-K to you and the IRS
when the payments you receive meet the 1099-K reporting thresholds for the
calendar year. For more information, please see our FAQs on the IRS
reporting requirements: www.paypal.com/irs.

We appreciate your help in complying with these IRS rules.

Sincerely,
PayPal

><><><><>><<><><><><><>

xxbossman111 08-22-2016 05:16 PM

Re: Paypal request me to Add SSN/ITIN/EIN in paypal!!!!! Help!
 
Quote:

Originally Posted by kakashiveil (Post 794426)
Dear all,

I have received an email from Paypal requesting me to add the SSN/ ITIN / EIN in paypal otherwise my account will be limited, as i am come from Hong Kong, we don't have any this info, anyone know what can i do?

Thanks!

Kakashi


><><><><><><><><><><><><
To comply with the Internal Revenue Service's (IRS) rules, we ask that you
submit your Tax ID number to us as soon as possible. Your Tax ID number is
one of these:

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

We are required to obtain tax ID numbers from all online sellers who
receive payments for goods or services through PayPal. If you do not
provide us with your Tax ID number, your account access will be limited,
and you will be unable to request or receive money. After you provide us
your Tax ID number, your account will be fully functional.

Here's how to submit your Tax ID number:

1. Log in to your PayPal account.

2. A message will appear asking you to update your information.

3. Click Provide Now and follow the instructions.

If you have multiple PayPal accounts, repeat these steps for each account.

We'll use your Tax ID number to send tax Form 1099-K to you and the IRS
when the payments you receive meet the 1099-K reporting thresholds for the
calendar year. For more information, please see our FAQs on the IRS
reporting requirements: www.paypal.com/irs.

We appreciate your help in complying with these IRS rules.

Sincerely,
PayPal

><><><><>><<><><><><><>

Is your account USA?

celebrityphotos4you 08-23-2016 12:45 PM

Re: Paypal request me to Add SSN/ITIN/EIN in paypal!!!!! Help!
 
If you're close to $20,000 annual (if USA customer), don't sell on that account for rest of year, use other stealth accounts, and check back on in 2017

kakashiveil 08-26-2016 12:30 PM

Re: Paypal request me to Add SSN/ITIN/EIN in paypal!!!!! Help!
 
Quote:

Originally Posted by xxbossman111 (Post 794586)
Is your account USA?

Yes, the ebay and paypal were purchased in package.....

kakashiveil 08-26-2016 12:31 PM

Re: Paypal request me to Add SSN/ITIN/EIN in paypal!!!!! Help!
 
Quote:

Originally Posted by celebrityphotos4you (Post 794787)
If you're close to $20,000 annual (if USA customer), don't sell on that account for rest of year, use other stealth accounts, and check back on in 2017

So if in 2017, when the sales almost reach 20,000, then need to rest again???

kakashiveil 08-26-2016 12:33 PM

Re: Paypal request me to Add SSN/ITIN/EIN in paypal!!!!! Help!
 
Is that ok i use a Hong Kong register paypal to link with this US stealth ebay account and remove the US paypal?
Will it still need to submit the EIN/SSN because the ebay account is US?
Thanks!!!

celebrityphotos4you 08-27-2016 04:33 PM

Re: Paypal request me to Add SSN/ITIN/EIN in paypal!!!!! Help!
 
What I've read on these boards is that you don't reach $20,000 in one year, for sure PayPal will NOT inform the IRS. The limits may be lifted in January or a few months later. From the members, they say they don't know why sometimes PayPal resets quickly and why sometimes they delay a few months.

I can't answer the Hong Kong question. Hopefully somebody else on this board can.


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