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  #1  
Old 07-17-2022
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Default IRS issue PayPal?

Starting to stealth out on PayPal using a US. 1 year old almost with a few transactions and received a bit of a larger sum than usual.
The account has received $500 at once before with no issues.

I got hit with this:
https://imgur.com/a/U2HECoJ


Says I need to confirm taxpayer info, any idea on how to get around this?

"The IRS informed us that the name and tax ID number in your PayPal account doesn't match their records. The IRS requires this info for anyone who receives $600 or more in payments for goods and services in a year.

Provide your tax info as it appears on your tax return.
"

Last edited by Mirdude; 07-17-2022 at 08:12 AM.
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  #2  
Old 07-17-2022
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Default Re: IRS issue PayPal?

Have you submitted any info in the past?
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Old 07-17-2022
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Default Re: IRS issue PayPal?

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Originally Posted by rsot View Post
Have you submitted any info in the past?
Yep, guessing it doesn't match? Anyway to fix this or is the account done for?
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Old 07-17-2022
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Default Re: IRS issue PayPal?

The account is an individual account instead of using a business name and EIN?
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Old 07-17-2022
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Default Re: IRS issue PayPal?

You are in UK,you have no business using a Paypal USA account,how do you plan to spend or send the money,did you link a US bank account?
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Old 07-18-2022
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Default Re: IRS issue PayPal?

Quote:
Originally Posted by agent006140 View Post
You are in UK,you have no business using a Paypal USA account,how do you plan to spend or send the money,did you link a US bank account?
This happens on UK PayPal accounts. Really need to think before you post buddy
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Old 07-18-2022
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Default Re: IRS issue PayPal?

Quote:
Originally Posted by Mirdude View Post
Yep, guessing it doesn't match? Anyway to fix this or is the account done for?
Do you have a lot of money tied up in the account? Might be unresolvable leading to a 180 day wait
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Old 07-18-2022
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Default Re: IRS issue PayPal?

Quote:
Originally Posted by rsot View Post
Do you have a lot of money tied up in the account? Might be unresolvable leading to a 180 day wait
No, I refunded the buyer's account. Waiting on them to resolve the ID, hopefully should be no issues now.
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Old 07-18-2022
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Default Re: IRS issue PayPal?

Quote:
Originally Posted by JamesNorth101 View Post
This happens on UK PayPal accounts. Really need to think before you post buddy
The IRS informed us that the name and tax ID number in your PayPal account doesn't match their records. The IRS requires this info for anyone who receives $600 or more in payments for goods and services in a year.

Provide your tax info as it appears on your tax return."
DID IRS invade UK??
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  #10  
Old 07-19-2022
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Default Re: IRS issue PayPal?

Quote:
Originally Posted by Mirdude View Post
No, I refunded the buyer's account. Waiting on them to resolve the ID, hopefully should be no issues now.
Alright - hope it goes well here's hoping for a good update
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