Change Your Name? It Can Affect Your Taxes

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Changed Your Name recently? Consider how it Affects Your Taxes

Here’s what you should know if you’ve changed your name:


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Report Name Changes Did you get married and are now using your new spouse’s last name, or hyphenated your last name? Did you divorce and go back to using your former last name? In either case, you should notify the Social Security Administration (SSA) of your name change. That way, your the name on your IRS records will match up with your SSA records.


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Make Dependent’s Name Change Notify the SSA if your dependent had a name change. For example, this could apply if you adopted a child and you would like to change the child’s last name.


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Get a New Card File Form SS-5, Application for a Social Security Card, to notify SSA of your name change. You can find and print the form on SSA.gov or call 800-772-1213 to order it. Your new card will show your new name with the same SSN you had before.


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Report changes in circumstances when they happen.

If you enrolled in coverage through the Health Insurance Marketplace, you may receive the benefit of advanced payments of the premium tax credit. Report changes in circumstances, such as a name change, a new address or change in your income or family size to your Marketplace as they occur throughout the year.


For More Details

Visit www.taxdefensenetwork.com Or Call (800) 691-5390

Citation: Change Your Name? It Can Affect Your Taxes IRS Tax Tip 2016-22, February 18, 2016 https://www.irs.gov/uac/Change-Your-Name--It-Can-Affect-Your-Taxes


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