PayPal wants my SS#
10-03-2011, 12:30 PM
#72
Super Member
Join Date: Sep 2009
Location: North of Boston, MA, USA
Posts: 3,524
My tax ID is not my SS #
my last one was, this one is not.
my last one was, this one is not.
Originally Posted by kriscraft99
this is the message when I sign into my PayPal:
Please provide us with your tax ID number. Your tax ID number lets us send you Form 1099-K, as required by the IRS under certain conditions. Find more information about the new tax rules and why we need your tax ID at www.paypal.com/irs
I just don't know why they need it if I only meet one of the stipulations - not both.
I guess I'll be making a phone call in the morning :roll:
Please provide us with your tax ID number. Your tax ID number lets us send you Form 1099-K, as required by the IRS under certain conditions. Find more information about the new tax rules and why we need your tax ID at www.paypal.com/irs
I just don't know why they need it if I only meet one of the stipulations - not both.
I guess I'll be making a phone call in the morning :roll:
10-03-2011, 12:32 PM
#73
Super Member
Join Date: Sep 2009
Location: North of Boston, MA, USA
Posts: 3,524
NOT so
I am NOT a corporation and my tax ID is NOT my SS #
[quote=Scissor Queen][quote=Learner747]
I am NOT a corporation and my tax ID is NOT my SS #
[quote=Scissor Queen][quote=Learner747]
Originally Posted by kriscraft99
this is the message when I sign into my PayPal:
Yes, your SS number is your Tax ID!!! The only way your SS is not your tax ID is if you're a corporation!! You file your taxes with your SS number! The ONLY form you put an EIN on is the schedule C.
Yes, your SS number is your Tax ID!!! The only way your SS is not your tax ID is if you're a corporation!! You file your taxes with your SS number! The ONLY form you put an EIN on is the schedule C.
10-03-2011, 12:36 PM
#74
Super Member
Join Date: Jul 2009
Location: Southwest Kansas
Posts: 4,820
You do not file a 1040 with an EIN. You file it with a SS #. Your taxpayer identification IS your SS #. Your business is your EIN which is used on your schedule C. A schedule C is never filed by itself. It is filed with a 1040 that has your SS # on it.
If you do not have an EIN your SS is used as your business tax ID.
I have done thousands of tax returns and hundreds of small business tax returns.
If you do not have an EIN your SS is used as your business tax ID.
I have done thousands of tax returns and hundreds of small business tax returns.
Originally Posted by brushandthimble
NOT so
I am NOT a corporation and my tax ID is NOT my SS #
Your tax I.D. is NOT your Social Security number! If you have a business registered with the State and Federal Governments, your State will assign you an I.D. number for you to charge sales tax to your customers &/or avoid paying sales tax on the merchandise and supplies you purchase for the operation of your business.
Yes, your SS number is your Tax ID!!! The only way your SS is not your tax ID is if you're a corporation!! You file your taxes with your SS number! The ONLY form you put an EIN on is the schedule C.
I am NOT a corporation and my tax ID is NOT my SS #
Originally Posted by Scissor Queen
Originally Posted by Learner747
Originally Posted by kriscraft99
this is the message when I sign into my PayPal:
Please provide us with your tax ID number. Your tax ID number lets us send you Form 1099-K, as required by the IRS under certain conditions. Find more information about the new tax rules and why we need your tax ID at www.paypal.com/irs
I just don't know why they need it if I only meet one of the stipulations - not both.
I guess I'll be making a phone call in the morning :roll:
Please provide us with your tax ID number. Your tax ID number lets us send you Form 1099-K, as required by the IRS under certain conditions. Find more information about the new tax rules and why we need your tax ID at www.paypal.com/irs
I just don't know why they need it if I only meet one of the stipulations - not both.
I guess I'll be making a phone call in the morning :roll:
10-03-2011, 01:31 PM
#75
Super Member
Join Date: Jul 2009
Location: in the heart of the awl
Posts: 1,015
That's wierd- I logged on to Pay Pal and didn't get that message. But I don't sell any place and use Pay Pal. I buy things and use it, but don't sell stuff. Maybe that is why you are getting the message. But I would be careful about giving out any personal ID numbers online. You never know who is getting them.
Thread
Thread Starter
Forum
Replies
Last Post
melmerr1
For Vintage & Antique Machine Enthusiasts
22
06-30-2015 03:25 PM
dreamer2009
General Chit-Chat (non-quilting talk)
20
11-20-2010 08:58 AM
