TaxBandits Knowledge Base
Have questions? We've got you covered!Is TIN Matching Necessary?
Yes, when you file an IRS tax return, the IRS verifies the Taxpayer Identification Number (TIN) or Tax ID against its database. If they identify a TIN/name combination that doesn't align with their records, they issue a CP2100 or CP2100A notice to the payer.
In response, the Payer must issue a B-notice to the Recipient. Failure to address TIN discrepancies may result in penalty notices, with potential fines of up to $290 per form.
To avoid penalties, learn how to verify a TIN Number with TaxBandits' TIN Matching service by clicking here.
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