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Showing results 1 to 25 of 122
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Posts Made By:
Jingling2017
Forum:
PayPal Talk
12-28-2017
Replies:
3
Using the same Tax ID # for two paypals
Views:
523
Posted By
Jingling2017
Using the same Tax ID # for two paypals
Ok, first off I KNOW this is the last thing you want to do.
I have no choice.
I accidentally went over 20K received by a few hundred dollars. I can't have the tax ID on file get a 1099 since it...
The complete step-by-step guide to get back to selling today!
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Forum:
PayPal Talk
12-28-2017
Replies:
4
When is it okay to upgrade from personal to business account?
Views:
1,364
Posted By
Jingling2017
Re: When is it okay to upgrade from personal to business account?
This....plus get your feet wet, there is a trial and error period and nothing runs as smoothly as you think all the time.
good luck
Forum:
PayPal Talk
12-28-2017
Replies:
28
How do returns/refund work with 20K annually?
Views:
2,219
Posted By
Jingling2017
Re: How do returns/refund work with 20K annually?
OK, so I am probably screwed. Cheap stuff usually use an atm card tied to a bank or credit.
I didn't get any echecks so I know that won't help.
What are instant bank payments? Never heard...
Forum:
PayPal Talk
12-28-2017
Replies:
28
How do returns/refund work with 20K annually?
Views:
2,219
Posted By
Jingling2017
Re: How do returns/refund work with 20K annually?
With 400+ transactions and only 500 over the 20K, there might be a good chance I don't get a 1099 if what you say is true.
What about VISA debit cards that are linked to a bank, are they treated...
Forum:
PayPal Talk
12-28-2017
Replies:
28
How do returns/refund work with 20K annually?
Views:
2,219
Posted By
Jingling2017
Re: How do returns/refund work with 20K annually?
So it is too late, if I refund the customers from today for example.....to keep it under 20,000?
A 1099 will already be generated?
Not worried about paying taxes on it, I do not want a 1099...
Forum:
PayPal Talk
12-28-2017
Replies:
28
How do returns/refund work with 20K annually?
Views:
2,219
Posted By
Jingling2017
How do returns/refund work with 20K annually?
So my question:
If it says you received $20,000 for 2017
and you have $2,000 in refunds.
Will a 1099 be generated since you have only received 18,000 total?
Thanks,
Eric
Forum:
PayPal Talk
12-03-2017
Replies:
2
entering in 4 digit social security
Views:
627
Posted By
Jingling2017
Re: entering in 4 digit social security
Thanks for the response.
Problem is every time I add an EIN they want all sorts of docs.
products sold in 2016 with zero issues for 10 years now are banned in 2017.
Forum:
PayPal Talk
12-03-2017
Replies:
2
entering in 4 digit social security
Views:
627
Posted By
Jingling2017
entering in 4 digit social security
I read that some people just enter in any 4 digit code and don't have any problem.
I am not close to 20K and the year is almost up, I just want to know experience of entering any number and...
Forum:
Paypal Limited
12-01-2017
Replies:
3
Limited when upgrade personal to business pp
Views:
673
Posted By
Jingling2017
Re: Limited when upgrade personal to business pp
Guys thanks for the advice!
Do you know how long before I won't be able to transfer money and forced to add an EIN or SS?
Forum:
Paypal Limited
12-01-2017
Replies:
3
Limited when upgrade personal to business pp
Views:
673
Posted By
Jingling2017
Limited when upgrade personal to business pp
So I have a stealth account with $6K in sales for the year.
I received a message today for me to add ss or upgrade to business, so the account is not limited yet.
I can get a new LLC tax ID and...
Forum:
PayPal Talk
11-30-2017
Replies:
2
help the dummy Personal >> Business acct
Views:
501
Posted By
Jingling2017
Re: help the dummy Personal >> Business acct
Yes, I meant not anywhere close to 20K.
Thanks for you help.
Forum:
PayPal Talk
11-30-2017
Replies:
2
help the dummy Personal >> Business acct
Views:
501
Posted By
Jingling2017
help the dummy Personal >> Business acct
So I have a stealth account with $6K in sales for the year.
I received a message today for me to add ss or upgrade to business, so the account is not limited yet.
I can get a new LLC tax ID and...
Forum:
PayPal Talk
07-24-2017
Replies:
26
Need to eliminate or speed up PayPal funds release
Views:
2,420
Posted By
Jingling2017
Re: Need to eliminate or speed up PayPal funds release
Any way to pin this thread as a sticky for the valued info within?
Forum:
PayPal Talk
07-21-2017
Replies:
29
Going over 20K on a stealth acct w/ stealth EIN
Views:
2,463
Posted By
Jingling2017
Re: Going over 20K on a stealth acct w/ stealth EIN
I checked the last 3 years on the paypal account and it only received $7K total. Yes, I agree you can't recycle an EIN number on another account so the LLC would have to be new and change the...
Forum:
PayPal Talk
07-21-2017
Replies:
32
What Items Can I Buy?
Views:
1,605
Posted By
Jingling2017
Re: What Items Can I Buy?
I think he is asking the condition of the product as new
Forum:
PayPal Talk
07-21-2017
Replies:
27
Urgent INFORMATION About PayPal Limition
Views:
2,039
Posted By
Jingling2017
Re: Urgent INFORMATION About PayPal Limition
I am still looking for the earth shattering urgent info?
Forum:
PayPal Talk
07-21-2017
Replies:
32
What Items Can I Buy?
Views:
1,605
Posted By
Jingling2017
Re: What Items Can I Buy?
Having 20+ stealth accounts this year, I can tell you something is very wrong. I have a dedicated IP address for each one and real banks.
Forum:
PayPal Talk
07-21-2017
Replies:
32
What Items Can I Buy?
Views:
1,605
Posted By
Jingling2017
Re: What Items Can I Buy?
Hey buddy I wish you the best!
However I am very confused on what is going on here....you transfer $30 to a real bank in the USA and they ask for docs?
Forum:
PayPal Talk
07-21-2017
Replies:
29
Going over 20K on a stealth acct w/ stealth EIN
Views:
2,463
Posted By
Jingling2017
Re: Going over 20K on a stealth acct w/ stealth EIN
Yes, they want to see your schedule C and probably could care less about your 1099 most of the time, some lenders for commercial want to tie the sales to the income statement is my understanding so...
Forum:
PayPal Talk
07-21-2017
Replies:
29
Going over 20K on a stealth acct w/ stealth EIN
Views:
2,463
Posted By
Jingling2017
Re: Going over 20K on a stealth acct w/ stealth EIN
This is my first year not getting a 1099.
Commercial loan will most likely require it.
When I put the LLC name in paypal, include the LLC at the end or it doesnt matter that specific?
Forum:
PayPal Talk
07-21-2017
Replies:
29
Going over 20K on a stealth acct w/ stealth EIN
Views:
2,463
Posted By
Jingling2017
Re: Going over 20K on a stealth acct w/ stealth EIN
I agree 100%. I won't wait until tomorrow to remove the one EIN and get a new one up there.
1) Get an new LLC under my SS# and my business name.
2) Update the paypal to have the new LLC EIN....
Forum:
PayPal Talk
07-21-2017
Replies:
29
Going over 20K on a stealth acct w/ stealth EIN
Views:
2,463
Posted By
Jingling2017
Re: Going over 20K on a stealth acct w/ stealth EIN
OK....So I get a new EIN for an LLC under my SS in a business name then update that name in paypal then update the EIN in paypal?
Wouldn't make any sense waiting another day since if it was...
Forum:
PayPal Talk
07-21-2017
Replies:
29
Going over 20K on a stealth acct w/ stealth EIN
Views:
2,463
Posted By
Jingling2017
Re: Going over 20K on a stealth acct w/ stealth EIN
I have no problem making this as legal and under the radar as humanly possible. So I understand if I add an LLC under my name, update and put the business name on the paypal and LLC the same I...
Forum:
PayPal Talk
07-21-2017
Replies:
29
Going over 20K on a stealth acct w/ stealth EIN
Views:
2,463
Posted By
Jingling2017
Re: Going over 20K on a stealth acct w/ stealth EIN
Ok thanks for the responses......what if I removed the EIN and added another in the same name the business is under the stealth account?
Also, if I am under 20K, which the account currently is...
Forum:
PayPal Talk
07-20-2017
Replies:
29
Going over 20K on a stealth acct w/ stealth EIN
Views:
2,463
Posted By
Jingling2017
Re: Going over 20K on a stealth acct w/ stealth EIN
How is it different from what people do with adding a tax ID and running 50K through it and then getting a letter from the IRS that the name on the account and paypal don't match?
Showing results 1 to 25 of 122
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