Forum: PayPal Talk 
01-31-2016
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Replies: 21
Views: 2,110  Re: When is it safe to withdrawal money?
I personally have a policy that I withdraw as soon as I have funds. I try not to leave any more than a few hundred in Paypal these days, even of decade old accounts. Got burned really bad with 13...
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The complete step-by-step guide to get back to selling today!
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Forum: PayPal Talk
01-27-2016
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Replies: 10
Views: 1,527 Re: About 1099-K
Nobody cares about the address.
You file taxes as normal. The 1099-K means nothing to you. No place on any tax form for the information.
You file your taxes based on your income, not the lower...
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Forum: PayPal Talk
01-21-2016
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Replies: 8
Views: 896 Re: Paypal Dollar Amounts
The IRS law is for CREDIT CARD PROCESSING. It does not matter if it it ebay, an invoice, website, etc...If you receive funds via a credit card, that is the IRS Law.
$20,000.00 and 200 CREDIT CARD...
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Forum: PayPal Talk
01-21-2016
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Replies: 8
Views: 896 Re: Paypal Dollar Amounts
There is a limit before you need to supply an SSN or EIN which is $20,000. They can be done on actual funds taken and projected funds
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Forum: PayPal Talk
01-19-2016
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Replies: 8
Views: 1,714 Re: Paypal ask for SSN
I've had this go a few ways.
1. Called PayPal on a stealth account, sweet talked my way into getting the limitation lifted as I knew there was an increase in sales that led to it and basically...
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Forum: Introductions
12-02-2015
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Replies: 3
Views: 413 |
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Forum: PayPal Talk
12-02-2015
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Replies: 16
Views: 1,201 Re: PayPal wants my SSN
The IRS only allows one EIN per entity. You are one entity so you can only have one as a sole-proprietor. When paypal verifies this with IRS it must match your actual name, not your DBA. So if you...
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