Tax Identification Number - TIN
 |
Definition of 'Tax Identification Number - TIN'As the name implies, this number is a nine-digit number used as a tracking number by the IRS for tax purposes. Whereas Social Security numbers are in the format of XXX-XX-XXXX, tax ID numbers are read as XX-XXXXXXX. This number is required information on all tax returns filed with the IRS. |
 |
Investopedia explains 'Tax Identification Number - TIN'Tax ID numbers come in three different forms. Individuals are assigned TINs in the form of Social Security numbers (SSNs), whereas businesses such as corporation and partnerships are assigned Employer identification numbers (EINs). Trusts, fiduciaries and other non-business entities are assigned straight tax ID numbers (TINs). |
Related Definitions
Articles Of Interest
-
10 Steps To Tax Preparation
Follow these simple steps to get you ready for April 15. -
Identity Theft: How To Avoid It
Don't be a victim of this disturbing crime. Get insight into how perpetrators commit this form of fraud. -
Identity Theft: Who To Call For Help
If your identity is stolen, it's critical to act fast. Find out what to do if it happens. -
When am I not required to submit a social security number on my tax return?
When filing your tax return, you are generally required to include the social security numbers of yourself and the individuals for whom you claim as dependents. However, exceptions do apply. ... -
Has Income Tax Become A Class Tax On The Poor?
With more than 33% of American families falling close to the poverty line despite their adult members holding full-time employment, a rising number of citizens are being forced to pay a rate ... -
Possible Effects Of The Online Retail Tax
The U.S. Senate has passed a bill that will impose a sales tax on online retailers. Discover how the Marketplace Fairness Act could affect your bottom line. -
How To Get The Most Out Of Hiring An Accountant
When you hire an accountant, getting good tax advice going forward is as valuable as – or perhaps even more valuable than - getting the previous year’s taxes filed correctly. Learn what you need ... -
How The 2014 Obama Budget Could Affect Your Finances
Depending on which estimate you believe, Obama's proposed budget would raise the tax bill of a household with a yearly income of $50,000 to $75,000 between $63 and $100 per year. However, that’s ... -
Inaccurate Tax Return, Now What?
If the IRS finds errors, it will cost you. Find out how to fix them, and how to prevent them in the first place. -
Tips To Make Next Year’s Taxes Less Stressful
You might be ready to put the stress of tax preparation behind you until next season, but ignoring your personal tax situation for 11 months of the year is what got you into this mess. Find out ...
Free Annual Reports
