Go Back   PayPal Limited & eBay Suspension Board > ChitChat

Share This Forum!  
 
        

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 12-21-2011, 10:15 PM
Junior Member
 
Join Date: Dec 2011
Posts: 1
Default You have not provided a tax ID number. Please update your profile:





Paypal is Asking for a Tax ID Number.
Is it required?

Message
We're asking for your tax ID number due to new IRS rules. Your tax ID
number is one of these:

- Your Social Security number
- Your Individual Tax Identification Number
- Your Employer Identification Number

We'll use your tax ID number to send tax Form 1099-K to you and the IRS
when the payments you receive exceed both of these milestones in a calendar
year:

- $20,000 in gross payment volume for goods or services
- 200 payments for goods or services

We want to help you continue to sell with PayPal and to avoid any
interruption to your account. It's easy — here's how:

1. Log in to your PayPal account.
2. A message will appear asking you to update your information.
3. Click Provide Now.

If you have multiple PayPal accounts, repeat these steps for each account.

We appreciate your help in complying with these IRS rules. For more
information, see our FAQs on the IRS reporting requirements:
www.paypal.com/irs

Sincerely,
PayPal

Reply With Quote
  #2 (permalink)  
Old 01-05-2012, 03:28 PM
Member
 
Join Date: Oct 2011
Posts: 92
Default





you need to provide that stuff to everyone nowadays

Reply With Quote
  #3 (permalink)  
Old 01-06-2012, 01:15 AM
Member
 
Join Date: Jan 2012
Location: In a land far far away...
Posts: 30
Default





Recently, PayPal has been doing a big push to get many small time sellers who are well under these limits to hand over their SSN or TIN number. I've received these on various accounts within the past year, just as long as you don't hit 20K in sales and 200 transactions per year, you should be able to safely ignore this warning.

Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -4. The time now is 06:26 PM.


Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.3.0