tax ID requirement

DCHtemecula
New Community Member

for the past week or so my paypal account had a message as soon as I logged in alerting me to the fact that I needed to update/add my business tax ID information for 1099 purposes..

 

I went into the update area once but it also needed some business contact info for our tax consultant or other key accounting person (name/address/ph#/etc) so I got out and forwarded a note to our accounting office - the alert was still present on our account but I was waiting for input from our accounting people -

 

I know have the info but the alert has gone away - any idea of where I find this tax ID update link again - I have searched the entire paypal site -

 

thanks

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1 REPLY 1

PayPal_JasonD
PayPal Employee
PayPal Employee

That's a really good question DCHtemecula.

 

You should have received an email from us providing you with our Compliance Department's phone number, and all we would need you to do is fax those documents to us.

 

We're also having a Q&A session on February 2nd at 2pm EST for one hour to answer any additional questions you may have on this.  You can also visit http://www.paypal.com/irs and we have additional information about the new law.

 

Have a great weekend. Smiley Very Happy

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