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Add a New Paypal account to avoid the 20K lint?
 

Ok so I have a ebay account which has a 10K a month limit :) now the problem is I've reached about 20K in sales and close to 190 transaction...


Anyone know if its possible to make a new Paypal and add to this ebay?

Or even make a new ebay / Paypal and when you go to raise selling limit tell them you have another account so they match there limits?

Any Info would be greatly appreciated
Thanks!

I don't have knowledge on this but I can expect pp would know what's going on with the bypass. I would say it is possible but for longlasting life of the account? I kind of doubt it.

Best to spread sales from now on over many accounts.

Of course it's not possible - what are you thinking of?

Spread your sales with more accounts - this is basic stuff nkwatch - or is it wishful thinking?:D

No I'm saying make a new account.. difference name.. tell ebay its a friends account.

You know when you go to raise limits? go to that screen and type in my old ebay info and say I'm a friend.. so both accs will have 10 k limit..

Im not saying just make a new account same name, different name but linked in bays server for knowing each other

Non runner hon - don't even think about it - it will just make you poorly.

Let that account go to sleep until next year and get 2 or 3 new accounts up and running - spread the load, spread it far and wide
:pop2:

lol.. but I'm selling $2000 items, I sell 2 items i reach my limit =( + buyers don't really pay that much for low feed sellers

The only chance you have is to set up a corporate account with all the trimmings, very expensive and not good for ⊗⊗⊗⊗ or VERO.

Other than that I don't know what you can do
:pop2:

what is a corporate account?

Even if you have two paypal accounts and they are both linked, they will take the combined sales transactions amounts, and that is how they determine the total amount they submit to the IRS. So if one account has 11k, and 90 transactions, and the other one has 9k, and 110 transactions, you will get a 1099-k. This is only if both accounts are linked.

Why cant you hit 20K? You have to pay up on taxes regardless of the 20K. That is just when paypal is required to report it. YOU are required to report every dollar.

You guys need to deal with your taxes and quit doing this tax free. You are not getting anything sympathy wise from me. The IRS will catch up to you whether you are stealth or not. Just watch. This tax evasion is really getting near figured out on these online auctions.

The IRS isnt going to keep letting Billions of dollars in taxes go by and not do anything.

ALL I can say is pay up and do your part. You would be surprised at how fast you can nuetralize 20k in gross sales to where you have to pay little or nothing anyway.

Tax evasion, this forum can't help you partner.

I don't have a social security Number, Im canadian and a Student here.

Im in process of setting up my own site with a Canadian merchant account where I can pay taxes.

now If i ask my dad to add him ether way I can only have 1 account and if its limited I'm basically done