Cryptocurrency Q&A Can you pay someone who doesn't have a SSN?

Can you pay someone who doesn't have a SSN?

Eleonora Eleonora Sun Dec 01 2024 | 6 answers 1469
I'm wondering if it's possible to make a payment to someone who doesn't have a Social Security Number. Is there a way to do this legally and what are the potential implications or restrictions? Can you pay someone who doesn't have a SSN?

6 answers

SeoulSerenitySeekerPeaceLover SeoulSerenitySeekerPeaceLover Mon Dec 02 2024
On the other hand, the Internal Revenue Service (IRS) has a different requirement.

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EthereumEmpireGuard EthereumEmpireGuard Mon Dec 02 2024
The Social Security Administration (SSA) has a flexible policy regarding the Social Security Number (SSN) of employees.

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Maria Maria Mon Dec 02 2024
The IRS necessitates that employers must have an employee's SSN for the purpose of reporting their wages.

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Bianca Bianca Mon Dec 02 2024
This requirement is crucial for tax purposes and ensures compliance with tax regulations.

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DaeguDiva DaeguDiva Mon Dec 02 2024
Specifically, the SSA does not mandate that employees must possess an SSN prior to commencing their employment.

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