Hello one of my stealth account went over 20,000 and i have my dads social security number can i update it to my my social would that be a problem for taxes before the year ends. not sure if i used this social another account many many years but i doubt it. any advise would help
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Wont work.
The name and address need to actually match the SSN.
Not to mention I dont think your dad will be impressed by having more income reported to the IRS on his name. NEVER mix friends/family and business.
Look into getting an EIN and adding that the account. Of course after that youll have to pay your taxes.
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AGED SUPER HIGH LIMIT ACCOUNTS: 10,000/$1,000,000 and 25,000/$500,000
sorry this account has ein instead of social i think on the profile it show add for ssn and taxpayer id number so that means i never added those right. its been long time
Social Security Number: xxx-xx-xxxx Add SSN
Individual Taxpayer Identification Number: xxx-xx-xxxx Add ITIN
Employer Identification Number: xx-xxxxx98