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  #1  
Old 12-10-2017
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Default Question about social

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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Old 12-10-2017
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Default Re: Question about social

What??????????
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Old 12-10-2017
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Default Re: Question about social

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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Old 12-10-2017
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Default Re: Question about social

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
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Old 12-10-2017
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Default Re: Question about social

Seems like only the EIN on the account has been added then. Don't give them your dad's SSN...
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Default Re: Question about social

Wow, of all the bad, bad ideas I've heard here, this is close to the top of the list.
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Old 12-11-2017
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Default Re: Question about social

Quote:
Originally Posted by dallis View Post
Wow, of all the bad, bad ideas I've heard here, this is close to the top of the list.
You sure? I've read some doozies on here.
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