PayPal account under spouse's name
studio3
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Posted on
Oct-15-2011
07:40 AM
I have two PayPal accounts. Both I use for my business.
One account I am using for my freelance job. However, this account is under my husband's name.
I operate my business as a sole proprietor, does it matter if the account I'm using for my sole proprietor business under my husband's name? Will it affect my tax reporting. I wanted to change the name it is under..."legal name" account holder, but I guess it can't be done.
I don't want to create a new one as this current account for my freelance has all my financial history and I don't want to use the other one which is for my LLC business.
Appreciate any guidance.
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