December 01, 2009

Social Security Numbers May Be Truncated

The IRS recently launched a pilot program to help combat identity theft. For calendar years 2009 and 2010, filers of 1099 series forms may truncate a payee's Social Security Number or Employer Identification Number to just the last four digits. The filer must still report the full identification number on forms sent to the IRS for processing.

1 Comments:

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