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Old 09-01-2016
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Default Adding EIN to my PP stealth

Things have been going good so far with my stealths, but I need to add an EIN to one of them BEFORE I get asked.

Anyting I should know?

I've got conflicting answers from people on here. One user on here said NEVER to add an EIN to a stealth account and that it would be flagged for sure.

Is this true? If so I'm doomed then because there is no way I can stay under the 20k/200 caps.

Please help!
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Old 09-01-2016
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Default Re: Adding EIN to my PP stealth

Just know when you go over they send a tax form and you need to have the mail forwarded to your real address so its not returned ,, Yes you can add ein but they will also give u a little time from the time they ask till they lock up incoming payments .I wouldnt worry about it till they ask
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Old 09-01-2016
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Default Re: Adding EIN to my PP stealth

Hi! I need to do the same for one of my stealth account. What I heard so far is that if you open a LLC and upgrade it to business account, PayPal do not see your name. It will only recognizes your business name and you can sell to your limit > 20,000K / 200 limit. I also know that LLC is more exp. than INC. Does any one know if I form an INC and upgrade PayPal to business account, should I encounter any problem with PayPal? Your ans. / advice will be highly appreciated. Thanks in advanced!
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