Tax question

Distel18Sprint · 6/5/15, 8:38 AM

Ok, I know this is going to be a dumb question....but it is something we didn't worry about 20 years ago. Giving out SS numbers at the various tracks you visit. I know they say a Federal ID tax number will work, but what if you don't have one? What if you don't have one,do you guys feel safe about handing out a SS number to the different tracks you visit? Or, should we stay home until I get one?

gearguy · 6/5/15, 9:14 AM

You can get a Fed tax ID number on line in a very short period of time. Much safer than giving out your SS#

NEMA88 · 6/5/15, 9:26 AM

Theoretically, it is their job to protect sensitive information. It's just like any independent contractor who has to give their SSN to someone they are in business with. The tracks however should be having us fill out W-9's which is the official form for Request of Taxpayer Identification rather than their own paper they have printed out. With that being said, I'm sure it is "safer" to be using a TID, but I'm generally trustworthy enough that the companies we give our SSNs to are handling them properly and keeping that information secure. Nothing is completely safe, you're actually at more risk if you have had Anthem/BCBS in the past and hold a public job with posted salary information.

Airsys · 6/6/15, 8:29 AM

NO, I don't like giving mine out.

chrismattlin · 6/6/15, 3:47 PM

I think it's hilarious how everyone seems to be a tax collector these days! We do the IRS's work for them! What a joke; we supposedly live in a free country.

djbamber · 6/6/15, 7:50 PM

Whas that a free, or FEE country?

Kinser11 · 6/6/15, 9:58 PM

A former track owner in Ohio, was just released from prison after serving 4 years for Id theft. A lot of people, that was involved in racing had loans in their names. Just food for thought.

6/5/15, 8:38 AM	#1 Tax question
Distel18Sprint Member Join Date: Aug 2014 Posts: 20	Ok, I know this is going to be a dumb question....but it is something we didn't worry about 20 years ago. Giving out SS numbers at the various tracks you visit. I know they say a Federal ID tax number will work, but what if you don't have one? What if you don't have one,do you guys feel safe about handing out a SS number to the different tracks you visit? Or, should we stay home until I get one?

6/5/15, 9:14 AM	#2 Re: Tax question
gearguy Member Join Date: Feb 2010 Posts: 207	You can get a Fed tax ID number on line in a very short period of time. Much safer than giving out your SS#

6/5/15, 9:26 AM	#3 Re: Tax question
NEMA88 Member Join Date: Jul 2007 Posts: 94	Theoretically, it is their job to protect sensitive information. It's just like any independent contractor who has to give their SSN to someone they are in business with. The tracks however should be having us fill out W-9's which is the official form for Request of Taxpayer Identification rather than their own paper they have printed out. With that being said, I'm sure it is "safer" to be using a TID, but I'm generally trustworthy enough that the companies we give our SSNs to are handling them properly and keeping that information secure. Nothing is completely safe, you're actually at more risk if you have had Anthem/BCBS in the past and hold a public job with posted salary information.

6/6/15, 8:29 AM	#4 Re: Tax question
Airsys Member Join Date: Dec 2014 Posts: 52	NO, I don't like giving mine out.

6/6/15, 3:47 PM	#5 Re: Tax question
chrismattlin Senior Member Join Date: Jul 2007 Posts: 5,072	I think it's hilarious how everyone seems to be a tax collector these days! We do the IRS's work for them! What a joke; we supposedly live in a free country.

6/6/15, 7:50 PM	#6 Re: Tax question
djbamber Member Join Date: Jul 2007 Posts: 89	Whas that a free, or FEE country?

6/6/15, 9:58 PM	#7 Re: Tax question
Kinser11 Senior Member Join Date: Jan 2014 Posts: 447	A former track owner in Ohio, was just released from prison after serving 4 years for Id theft. A lot of people, that was involved in racing had loans in their names. Just food for thought.