Tennessee AO213 - Vendor Information/TIN Certification
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FAQ
The Tax ID Number is Vendors if you're required by the US IRS to send a 1099 Statement. The Tax Registration number is most useful for companies tracking Goods and Services Taxes (GST) or Value-Added Taxes (VAT).
The U.S. Taxpayer Identification Number may be found on a number of documents, including tax returns and forms filed with the IRS, and in the case of an SSN, on a social security card issued by the Social Security Administration.
The primary difference between these tax identification numbers and Employer Identification numbers is that a TIN is used to identify people who can be taxed within the United States, while the EIN is used to identify companies. Therefore, the difference is in the way the EIN and tax ID numbers can be used.
"Taxpayer Identification (TIN, SS, or EIN number)" is the number required by the Internal Revenue Service (IRS) to be used in reporting income tax and other returns. The TIN may be either a social security number (SSN) or an employer identification number (EIN).
A credit union that is required to file information returns with the Internal Revenue Service (IRS) must get the correct taxpayer identification numbers (TINs) of members in order to report to the IRS certain income paid to members (A TIN is either a social security number (SSN), an employee identification number (EIN)
A Social Security number (SSN) is issued by the SSA whereas all other TINs are issued by the IRS.
