Citizen Identification Amounts: SSN, ITIN, EIN
Citizen Identification Amounts:
A Citizen Identification Number (Container) is definitely an identification number utilized by the Irs (IRS) within the administration of tax laws and regulations. It's released either through the Social Security Administration (SSA) or through the IRS.
Citizen Identification Amounts are:
i) Ssn "SSN"
ii) Individual Citizen Identification Number "ITIN"
iii) Employer Identification Number "EIN"
A Ssn (SSN) is released through the SSA whereas other TINs are released through the IRS.
Ssn (SSN):
Citizen Identification Amounts: SSN, ITIN, EIN
Social Security amounts are utilized to benefit by an individual’s wages towards the government and also to determine an individual's qualifications for Social Security benefits. You'll need a Ssn to obtain a job, collect Social Security benefits and receive another government services.> Released by Social Security Administration
> 9 digit number within the format: xxx-xx-xxxx
> Generally, all People and just non People approved through the Department of Homeland Security (DHS) to operate within the U . s . States could possibly get a Ssn.
Individual Taxypayer Identification Number (ITIN):
ITIN is really a tax processing number released through the Irs. IRS issues ITINs to people who're needed to possess a U.S. citizen identification number but who don't have, and aren't qualified, to acquire a Ssn (SSN).
> Released by IRS
> 9 digit number have a tendency to starts using the number 9 and it has a variety of 70-88 or 90-92 or 94-99 within the 4th and fifth digit e.g. 9XX-90-XXXX.
> An ITIN doesn't authorize operate in the U.S. or provide qualifications for Social Security benefits or even the Gained Tax Credit.
Citizen Identification Amounts: SSN, ITIN, EIN
Employer Identification Number (EIN) (or, Federal Tax ID Number):
The Government uses the business Identification Number (EIN) or Federal Tax ID number to recognize citizens which are needed to file for various business tax statements.
> Released by IRS
> 9 digit number within the format: XX-XXXXXXX
> EINs are utilized by companies, sole entrepreneurs, companies, close ties, non-profit associations, trusts, estates of decedents, government departments, certain people, along with other business organizations.
Caution: An EIN is perfect for use regarding the business activities only. EIN shouldn't be used instead of SSN / ITIN and the other way around.
Souce : http://www.irs.gov/ and http://www.ssa.gov/