Sunday, March 14, 2010

Is a Credit Union's tax ID number the same as the Payer's ID number?

I'm working on my taxes and I'm being asked to put in my credit union's Payer's Identification Number (to report the interest earned). I called the Credit Union because I don't have the 1099 form yet and they are telling me that the Payer's Identification Number is their Tax ID number. Is this correct? I'd really hate to set myself up for an audit!!!

Is a Credit Union's tax ID number the same as the Payer's ID number?
That is it


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