Tax Related
Are Social Security Numbers (SSN) or tax payer identification numbers (TIN) required on payment requests (Disbursements, Travel & Business, etc.)?
Yes, a SSN is required on all payment requests submitted to Payment Processing. The SSN is required by the Internal Revenue Service (IRS) for tax reporting purposes only.
IRS Publication 1281, A Guide to Backup Withholding on Missing and Incorrect Names/TINs states that the University must withhold 28% of certain taxable payments if the payee fails to furnish a correct SSN or taxpayer identification number (TIN).
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