Posted by ikando on 1/3/12 4:12pm Msg #408142
New W-9s
While I appreciate those companies I'm signing up with providing a W-9 for me to complete, I have noticed that the I.R.S. has revised the form. The current W-9 is dated December 2011, and has some changes which would affect those of us who are using TINs for our business.
I've downloaded and completed the new W-9, and will use it when completing my sign-up packages. It can be found at www.IRS.gov.
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Reply by JanetK_CA on 1/3/12 6:27pm Msg #408149
Thanks for the heads-up.
I keep a filled out copy on my desktop, so when I get a request, I just have to print it out (or find one that I've previously signed and scanned).
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Reply by HisHughness on 1/3/12 6:45pm Msg #408151
I know what an EIN is. I know what an SSN is. I know what a TinTin is. I know what a Rin TinTin is. I know what a Tin Man is. I know what a tin ear is. I know what 10 Lords aleaping are. I know what the 10 Commandments are, though I have to admit much of the time I treat them as the 10 Suggestions for Alternative Behavior. I know what a 10-4 is. I know what a 1099 is. But what, pray tell me, is a TIN?
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Reply by Buddy Young on 1/3/12 6:51pm Msg #408153
Re: taxpayer identification number n/m
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Reply by MikeC/TX on 1/3/12 9:07pm Msg #408160
"But what, pray tell me, is a TIN?"
Taxpayer Identification Number - for those who don't have an SSN.
As for why they don't have an SSN - well, you do the math...
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Reply by JanetK_CA on 1/4/12 1:24am Msg #408169
I could be wrong, but I always thought it was a generic term that could include either a SSN or an EIN. The only place I can think of where I regularly see a TIN referred to is on those infernal Certification of Trust forms, where people are always asking "pray tell, what is a TIN?" (or words to that effect...)
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Reply by James Powell on 1/4/12 7:09am Msg #408173
A Taxpayer Identification Number (TIN) is an identification number used by the Internal Revenue Service (IRS) in the administration of tax laws.
Taxpayer Identification Numbers <li type="disc">Social Security Number "SSN" </li> <li type="disc">Employer Identification Number "EIN" </li> <li type="disc">Individual Taxpayer Identification Number "ITIN" </li> <li type="disc">Taxpayer Identification Number for Pending U.S. Adoptions "ATIN" </li> <li type="disc">Preparer Taxpayer Identification Number "PTIN" </li>
http://www.irs.gov/businesses/small/international/article/0,,id=96696,00.html
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Reply by MW/VA on 1/4/12 8:56am Msg #408176
I don't see any major changes. The only thing I see is the
addition of a couple of classifications for S-Corp or trust/estate. I'm sure using the old one will be fine.
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