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since ‎Sep-23-2011
bsm
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Re: What if we don't make 20,000 a year

by bsm Member in About Business (Archive)
‎Sep-23-2011 07:18 PM
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‎Sep-23-2011 07:18 PM
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I have the exact same problem.  I do not want to give PayPal my SS number and I also know that I will not have $20K in sales (far less) but will have 200+ small dollar transactions.  Will they cancel our PayPal account if we don't comply and give our ss number? ... View more

IRS reporting

by bsm Member in Reporting and tracking (Archive)
‎Sep-23-2011 07:15 PM
‎Sep-23-2011 07:15 PM
Can anyone tell me what will happen if I refuse to give PayPal my social security number?  I just completed my 200th transaction of low dollar sales and they have requested my social security number and threaten that I could be prohibited from selling if I do not comply.    I will not sell anywhere near the $20,000.00 annual amount that is required before PayPal reports to the IRS (supposedly).   ... View more
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