Tax Identification Number (TIN)

A Tax Identification Number (TIN) is a unique identifier assigned by the government to individuals and businesses for tax purposes. It is used to track taxpayers and their tax obligations, ensuring accurate reporting and compliance with tax laws.

Examples of TINs include:

• Social Security Number (SSN): Used for individuals in the U.S.
• Employer Identification Number (EIN): Assigned to businesses and organizations.
• Individual Taxpayer Identification Number (ITIN): For individuals who are not eligible for an SSN but need to file taxes.

Cases where TINs are required:

• Filing income tax Returns.
• Opening a bank account.
• Applying for government benefits.