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++ Stealth USA paypal tax ID help please ++

Discussion in 'Ebay' started by drugsmind, Feb 15, 2014.

  1. drugsmind

    drugsmind Newbie

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    Hello,

    i sold over 200 items on my ebay account after 200 sales paypal ask me the tax ID , very very sad , i haven't any ssn or tax id please help me to resolve this problem , (
    i pay , if someone can fix this issues for me )
     
  2. srinu0812

    srinu0812 Supreme Member

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    Where do you live? If not in the US, I think it is highly impossible for you to fake a SSN.
     
  3. drugsmind

    drugsmind Newbie

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    im not live in USA , i havent any SSN or tax ID really sad, how can i fix this issue? every time ask paypal "submit tax ids now".

    :(
     
  4. srinu0812

    srinu0812 Supreme Member

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    No, you can't fake a SSN
     
  5. trustar14

    trustar14 BANNED BANNED

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    How much $$ in your Paypal?
     
  6. drugsmind

    drugsmind Newbie

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    now i think $1200 but over 200 transactions
     
  7. drugsmind

    drugsmind Newbie

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    please help me to resolve this probelm
     
  8. D4RK KNIGHT

    D4RK KNIGHT Regular Member

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    There are 2 options.

    1. Move on and make more stealth accounts and let your account that is being asked for SSN/Tax ID rest until January 1, 2015. Because that is when you will be able to sell on it again if you dont do anything.


    (The second option will not work for you because you are not in american citizen but I want to post it anyway.)

    2. I dont like doing this because it compromises your anonymity and your account will only be under Ebay's radar only. All you need to do is make a business name with the IRS and get the EIN under it. You will use your real info as just a business contact (for the IRS only).

    Say you call your company "joe blow tool company". When you upgrade your paypal to a business account, you go and enter that business name when it asks for one. Then you IRS info will match the paypal info. They will only need this for reporting purposes, They send the IRS information that you made or that much on paypal and it will be listed as "joe blow tool company". Paypal has no need or reason to get real info. They are just required to post the EIN with your dollar amount to the IRS. The IRS has your real info and will require you to pay your taxes. They are the ones you need to be worried about. Not paypal.

    You would NEVER get into trouble with the IRS unless you dont pay your taxes after you go with an EIN. There is a lot of stuff you will need to do by way of records, etc. Also you cant just file one year and not the next, They will want to know what you did with that business and you will have to show them. A good way to get audited is to file one year and not the next on a business. That will get you every time.
     
    Last edited: Feb 16, 2014
  9. sseccajd

    sseccajd Newbie

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    whos name is paypal under?
     
  10. ktothating

    ktothating Newbie

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    you cant do anything unless you go legit or untill the new year comes.