Form 147C, also known as the IRS Letter 147C, is a document the IRS sends to businesses or entities to confirm their Taxpayer Identification Number (TIN) or Employer Identification Number (EIN).
It verifies the business name, address, and TIN/EIN registered with the IRS. Companies may need this letter to open a bank account, apply for licenses, or complete transactions that require proof of tax identification.
Why is Form 147C important?
If you receive a notice asking for Form 147C, it means there’s a mismatch in your tax records. The IRS uses this form to confirm your TIN/EIN and correct any errors.
Here’s why it matters:
- Verifies Taxpayer Identification: Confirms your TIN or EIN is correct and matches IRS records.
- Proves Tax Compliance: Shows that your business is legally registered and meets IRS requirements.
- Required for Business Transactions: Many banks, agencies, and business partners need proof of a valid TIN/EIN before working with you.
- Ensures Legal Compliance: You may need this letter for licenses, permits, or certifications.
- Prevents Identity Theft: Helps protect businesses from fraud and misuse of tax IDs.
How to get a 147C Letter from the IRS
Need a 147C letter? Follow these steps:
- Call the IRS: Reach the Business and Specialty Tax Line at (800) 829-4933 (or (267) 941-1000 for international callers).
- Verify Your Identity: Have your business name, EIN, and other details ready.
- Request the Letter: Ask for Form 147C to verify your EIN/TIN. The IRS rep may ask additional questions to confirm your identity.
- Follow Submission Instructions: The IRS will guide you through the process, whether by fax, mail, or electronically.
- Wait for Confirmation: Processing times vary, so be patient while the IRS sends your letter.
- Review and Keep It Safe: Check the letter for errors and store it for future use.
To avoid delays, double-check your info and follow the IRS’s instructions carefully. If you have questions, don’t hesitate to ask the IRS representative for help.