09-04-2011, 05:23 AM
i\'m not sure if it\'s strictly for ebay sellers. i\'m guessing if you\'ve received a certain amount of payments from any source you\'re added to the list.
starting in january of this year the government forced paypal to handover any and all transaction records for any paypal member that has 200+ transactions and $20,000+ in payments. that\'s the reason for the SS#. you have to meet both of those requirements in order for the government to take those records. if you meet both of these you will be forced to pay taxes on the payments you\'ve received.
starting in january of this year the government forced paypal to handover any and all transaction records for any paypal member that has 200+ transactions and $20,000+ in payments. that\'s the reason for the SS#. you have to meet both of those requirements in order for the government to take those records. if you meet both of these you will be forced to pay taxes on the payments you\'ve received.