filing your tax return without
double checking your Social Security Administration
records first because you will encounter the most difficult problem to try
to fix the mismatch with the Internal Revenue Service (IRS) if you
entered the wrong identifying information for you or your dependents.
You should do everything in your power to avoid any kind of letter from the
IRS especially a letter something so simple as a a social
security number and name mismatch. It will especially be very difficult to
straightening out the problem if they disallowed a credit such as the Earned
Income Credit because of a social security mismatch. This is where an ounce
of prevention is worth a pound of cure.
Identity theft occurs when someone uses your
personal information, such as your name, social security number
(SSN), or other identifying information, without your
permission, to commit fraud or other crimes such as getting a
job or filing a tax return to receive a refund. To reduce your
risk, protect your Social Security Number by ensuring that your
employer is protecting your SSN and be careful when choosing a tax preparer.
Also, you can ask your employer how they are
protecting your number to make sure they are protecting your Social Security
Number. You can ask your employer about the company who is doing the
payrolls and whether or not they are a company whom can be trusted with your
personal information. Be wise when supplying other with your personal
information such as your social security number, date of birth and address.
Always ask for the name of individuals who take down your personal
information and keep a record of this information in case you need to speak
to the police in the event you detect identity theft. This is important
information you always wish you kept or asked after you encounter problems.
I think the most common comment people make to themselves is "This will not
happen to me".
If you are a nonresident or resident alien and
you do not have and are not eligible to get an SSN, you must
apply for an ITIN. They must have an Individual Tax
Identification Number (ITIN) in order to file their tax return. It must be
noted and it is extremely important that this identification is only used
for tax filing purposes.
A Taxpayer Identification
Number (ITIN) is an identification number issued by the Internal Revenue
Service that is only made available for certain nonresident and resident
aliens, their spouses, or dependents who are not eligible to get a Social
Security Number (SSN). It is in the same format of the social security
number with nine digits. Many undocumented taxpayers make the mistake of
given this number to their employers but they should never do this. The
employer is under the obligation to fire them if the employee shows them
them this Internal Revenue Service issued identification card. This is like
making a confession to their employer that they are indeed working illegally
in the country. In turn if the employer continues their employment, they
would run into trouble with the immigration service.
The Presidential Election
Campaign Fund is set up to help pay for Presidential election campaigns.
This fund gives more financial equality to Presidential candidates who
otherwise would not be able to afford to run for office. This election
campaign fund also reduces the dependence on large contributions from
interest groups. You can contribute $3 for you and $3 for your spouse if you
are married filing Married Filing Jointly. Your tax refund will not be
lowered if you make the Presidential Election Campaign Fund election.
