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- - Stealth PayPal
( https://www.aspkin.com/forums/subscriber-discussions/113788-stealth-paypal.html)
| FIRST | 01-05-2018 05:25 PM |
Stealth PayPal
Hello friends are interested in the question of stealth paypal. If you register a PayPal account with a resident of the United States of America, do you need to provide any documents during registration? |
| JamesNorth101 | 01-06-2018 11:41 AM |
Re: Stealth PayPal
During registration no
But you do have IRS requirements later on if you hit certain thresholds |
| FIRST | 01-25-2018 08:33 AM |
Re: Stealth PayPal
Quote:
Originally Posted by JamesNorth101
(Post 893984)
During registration no
But you do have IRS requirements later on if you hit certain thresholds
| Thanks for the reply friend!
That is, I can register a full account without SNN, but when I want to increase the limits I need to provide snn? :nerd: |
Re: Stealth PayPal
Please clarify what you mean by "SNN" OP |
| phaz0rz | 01-25-2018 11:50 AM |
Re: Stealth PayPal
Quote:
Originally Posted by FIRST
(Post 897221)
Thanks for the reply friend!
That is, I can register a full account without SNN, but when I want to increase the limits I need to provide snn? :nerd:
| This is how it works on US Paypal accounts:
You can sell up to 200 items or $20,000 worth of items in a calendar year without providing a tax ID. If you start getting close to either of those thresholds, Paypal starts asking you for a tax ID (SSN, EIN, or ITIN). If you reach one of those thresholds and haven't given a tax ID, your Paypal is "tax limited" which means you can't receive any more payments until the next year. This limit resets annually. |
| BigCJ | 01-26-2018 10:01 PM |
Re: Stealth PayPal
No way around the 200/20k threshold per year. But if you mean to raise your ebay seller limits then...
Providing a SSN (Not SNN) will not raise your ebay seller limits and can be ID Theft. You will still have to go slow with the new account in order to get paypal to trust you so its best to let the limits grow naturally.
Best to not mess around with that. |
Re: Stealth PayPal
Quote:
Originally Posted by phaz0rz
(Post 897238)
This is how it works on US Paypal accounts:
You can sell up to 200 items or $20,000 worth of items in a calendar year without providing a tax ID. If you start getting close to either of those thresholds, Paypal starts asking you for a tax ID (SSN, EIN, or ITIN). If you reach one of those thresholds and haven't given a tax ID, your Paypal is "tax limited" which means you can't receive any more payments until the next year. This limit resets annually.
| Keep in mind PP can limit faster based on projected sales rate... |
| FIRST | 01-27-2018 11:49 AM |
Re: Stealth PayPal
Quote:
Originally Posted by rsot
(Post 897234)
Please clarify what you mean by "SNN" OP
| Sorry, SSN Social security number :pound: |
| FIRST | 01-27-2018 11:52 AM |
Re: Stealth PayPal
Quote:
Originally Posted by phaz0rz
(Post 897238)
This is how it works on US Paypal accounts:
You can sell up to 200 items or $20,000 worth of items in a calendar year without providing a tax ID. If you start getting close to either of those thresholds, Paypal starts asking you for a tax ID (SSN, EIN, or ITIN). If you reach one of those thresholds and haven't given a tax ID, your Paypal is "tax limited" which means you can't receive any more payments until the next year. This limit resets annually.
|
A great friend's answer is all clear and clear. Tell me, is it necessary to render ssn in the electronic format or are they just asking to enter or make a paper copy? |
| FIRST | 01-27-2018 11:54 AM |
Re: Stealth PayPal
Quote:
Originally Posted by BigCJ
(Post 897479)
No way around the 200/20k threshold per year. But if you mean to raise your ebay seller limits then...
Providing a SSN (Not SNN) will not raise your ebay seller limits and can be ID Theft. You will still have to go slow with the new account in order to get paypal to trust you so its best to let the limits grow naturally.
Best to not mess around with that.
| Do you mean that they will not increase the limits in any way even after I provide them with ssn? |
| FIRST | 01-27-2018 11:56 AM |
Re: Stealth PayPal
Quote:
Originally Posted by rsot
(Post 897480)
Keep in mind PP can limit faster based on projected sales rate...
| What if I immediately provide them with ssn after registration?
Will they remove the limits 200/20000? |
| Yasav | 01-28-2018 01:45 AM |
Re: Stealth PayPal
Even if you have a US PayPal/Ebay how can you ship from Russia? The only way i guess would be dropshipping but then you won't be able to connect russian bank with US PayPal. |
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