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FAQ - Form 1065-B

What is the purpose of Form 1065-B?
If you received a Form 1065-B, send it directly to the IRS. Use Form 1065-B for the following purposes: To check your social security number on your tax return. To get a social security number if you already have one, but you are not yet entitled to file an original Form SS-5 (the social security number for you is shown on the front and back of Form SS-5). To obtain and update information about the identity of your custodian. Filer's Information To claim this credit, you must use Form 1065-B filed on your return for the year. All information on your return for that year must be correct and complete. You must include everything on the 1065-B you are claiming. You must fill it out completely and accurately in order to receive the credit. Do I need a social security number to claim this credit? No. This credit is not taxable to you. Do I need to fill out an original Form SS-5 for this credit? No. This credit can be claimed on your tax return. The amount you can claim can only be reduced by your filing status. What information do I need to fill out Form 1065-B? What else do I need to do? Your name. Your Social Security number. Your filing type. Your dates of filing. How long have you lived in the United States since you were last alive? (See our list: What Is a Longer-Term Resident?) If you have not filed this year, you can claim the credit this year under a special circumstances rule. Which taxpayer is the other parent? What matters for this credit? If you are claiming this credit in a joint return and both parents are alive, both parents are assumed to be the other parent.
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