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Old 04-02-2014
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Default Stealth Paypal/Bank Accounts/Taxes

As I am new to this whole idea of stealth accounts, I just have a few questions concerning the Paypal, Bank accounts, and how to pay taxes on a stealth account.

First off, can I link a different bank account in my name to the stealth paypal account or will the recognize that it is in my name?

If I create a new online bank account for the stealth paypal, how will I actually be able to withdraw my funds once I want to withdraw from paypal to my bank account?

And lastly, how would I go about paying taxes on a 1099 with a different name?

I'm sure these may seem like stupid questions but I'm pretty stressed about my situation and any help would be greatly appreciated.

Thanks guys.
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Old 04-02-2014
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Default Re: Stealth Paypal/Bank Accounts/Taxes

Paying taxes requires a professional consultation with tax expert. Beyond scope of this forum.

As for the bank, if it accepts deposits in different names (which bank do you use?) - it is good to go
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Old 04-02-2014
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Default Re: Stealth Paypal/Bank Accounts/Taxes

Right now I currently use two smaller local banks in my area but I could open an account at Wells Fargo, US Bank or First Interstate Bank. Any idea if any of those accept deposits in different names?
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