Pay pal asking for documents - PayPal Community Recieved notifications from Pay Pal asking for a picture of Drivers License, pay stub and SSN. Select "Business" and provide the requested information about your business. This is the reason for PayPal requiring SSN. they favour buyers of course and to protect them, it is their duty to simply check your background. I've got a decent amount in there and several stupid eBay purchases I want but don't want to spend two money on. (1960 ) View listings. The 1099-K reporting requirement was part of the American Rescue Plan Act of 2021 passed earlier this year by Congress and signed into law by the President. Beginning January 1, 2022, the Internal Revenue Service (IRS) implemented new reporting requirements for payments received for goods and services, which will lower the reporting threshold to $600 for the 2022 tax season, from 2021s threshold of $20,000 and 200 transactions. Posted on. They are required to report this for taxes. YOU ARE MAKING IT HARD FOR YOUR CUSTOMERS. I am having the same problem with my Paypal. I did already emailed them but they keep on answering Scripts over and over again. For regulatory reasons, we need to confirm our customers personal information (such as your name, address, and date of birth) or company information. PayPal requesting copy of Social Security Card! - eBay Simple and Secure: How PayPal Makes Finances and Life Easy, A Peek Inside PayPals Two-Sided Network of Consumers and Businesses. The action you just performed triggered the security solution. HTML Form Basics for PayPal Payments Standard 2 There is no setup cost, monthly maintenance fee or termination fee. (You must log in or sign up to reply here. If the accountholders name is not registered in the business registration document, submit an authorisation letter under your companys letterhead signed by one of your directors to authorise you to operate this PayPal account on behalf of your company. Your income should be reported at this level. Why does Paypal want everything, but my DNA! - Wilders Security Forums
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