Corporations - 26 U.S.C. 6042 & 6044

Corporations - 26 U.S.C. 6042 & 6044

(a) Requirement of reporting
(1) In general


Every person -


(A) who makes payments of dividends aggregating $10 or more to any other person during any calendar year, or
(B) who receives payments of dividends as a nominee and who makes payments aggregating $10 or more during any calendar year to any other person with respect to the dividends so received, shall make a return according to the forms or regulations prescribed by the Secretary, setting forth the aggregate amount of such payments and the name and address of the person to whom paid.

26 USC 6042

6044. Returns regarding payments of patronage dividends

(a) Requirement of reporting

(1) In general


Except as otherwise provided in this section, every cooperative to which part I of subchapter T of chapter 1 applies, which makes payments of amounts described in subsection (b) aggregating $10 or more to any person during any calendar year, shall make a return according to the forms of regulations prescribed by the Secretary, setting forth the aggregate amount of such payments and the name and address of the person to whom paid.


26 USC 6044

Now, do you see any requirement anywhere, in any of these code sections, to use a Social Security number when making reports on these types of earnings ! Why do you suppose they (corporations) all try to demand a number from you ? Could it be the resulting tax implications ?? Can thet legally require you to supply one ? No according to the law !

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