B Notice FAQ
Review answers to frequently asked questions about B Notices.
|Your 2021 Form 1099-K will list ‘Block, Inc. f/k/a Square, Inc.’ as the FILER. The name ‘Block, Inc.’ will also appear under the PSE’s name and telephone number.|
What is a B Notice?
When your taxpayer information (TIN/name combination) does not match the IRS records, Square is required to issue a B Notice to your account. You’ll receive a notification letter and email from our Tax team with the required due date to update your information. If you do not submit the required documentation by the due date, your Square account will be deactivated.
What is a TIN?
Your TIN (Taxpayer Identification Number) is the number used to file taxes with the IRS. Your TIN could be either an Employer Identification Number (EIN) or Social Security Number (SSN).
You can read more about TINs on the IRS website.
How do I take action to correct my information?
The process for submitting documentation for a B Notice will vary depending on your account. For instruction on what to do next, please refer to the letter or email you received from the Square Tax team.
Learn more about taxpayer information.