Investor Glossary-taxpayer identification numberInvestor Glossary-taxpayer identification numberInvestor Glossary-taxpayer identification numberInvestor Glossary-taxpayer identification numberInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Taxpayer Identification Number

The HTML to link to this page
 

A taxpayer identification number is a number the IRS uses to keep track of all taxpaying entities in the U.S., both individuals and businesses. Every taxpayer identification number is issued by the IRS except the Social Security number, which is issued by the Social Security Administration. Most individuals use their Social Security as their taxpayer identification number. Other kinds of a taxpayer identification number include the Employer Identification Number (EIN) for businesses, the Individual Taxpayer Identification Number (ITIN) for nonresident and resident aliens, their spouses, and dependents, the Adoption Taxpayer Identification Number (ATIN) for people in the process of gaining U.S. citizenship, and the Preparer Taxpayer Identification Number (PTIN) for paid tax preparers who don't want to disclose their personal Social Security numbers on the returns they prepare. Estates, partnerships, and trusts also use the EIN. All returns, statements, and other tax documents filed with the IRS and state taxing authorities must include a taxpayer identification number. All taxpayers who claim dependents on their income tax form must include the taxpayer identification number of each dependent.



Rate this Taxpayer Identification Number definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: in escrow, irrevocable trust, FICO score, labor relations, required rate of return, current ratio, debt service coverage, margin rate, risk management, retained earnings, covered put, 1035 exchange, average price per share, phantom income, 144a, Key Rate Duration, implied volatility, quality assurance, cancelled check, reverse mortgage, stock market close, limit order, inflation, liquidity ratio, diluted share, command economy, option premium, EBITDA, ex-dividend, minority interest, FTSE, annual return, 401a, LIBOR, balance sheet, wholly-owned subsidiary, per diem, ex-dividend date, Zero Cost Collar, deferred revenue, stock split, 1031 exchange, VIX, real GDP, deferred tax, class C shares, open position, dividends payable, APR


Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
Investor Glossary Index >>> # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
©2004-2014 Investor Glossary - All rights reserved - Terms of Use