Welcome to WebmasterWorld Guest from 50.17.16.177

Forum Moderators: open

Message Too Old, No Replies

Why does YPN ask for SSN?

     
10:31 am on Jun 29, 2006 (gmt 0)

Preferred Member

10+ Year Member

joined:June 16, 2001
posts:386
votes: 0


Hi,

YPN asks for SSN to be put into our profile for them to send us the payments. Why is this soo much necessary?

Also, what effects does it have putting my SSN on YPN?

Thanks

12:59 pm on June 29, 2006 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:Dec 29, 2001
posts:1081
votes: 16


They have to inform the IRS where their money goes and issue you a 1099 at the end of the year.
4:22 am on July 3, 2006 (gmt 0)

Junior Member

10+ Year Member

joined:Feb 15, 2004
posts:124
votes: 0


The above poster has it. In the US there are two ways entities are identified for tax purposes. The first is the EIN, used by corporations. The second is the SSN, used by individuals and small companies. Either way, Y has to report checks sent out to the IRS.
 

Join The Conversation

Moderators and Top Contributors

Hot Threads This Week

Featured Threads

Free SEO Tools

Hire Expert Members