Originally Posted by
sharka
Dont really think it would matter 2-3 rs ago if SSN needed or not as its only to verify ID of individual . I think even had they collected SSN from the start yrs ago my brother would probably be shut down anyway as it was not the SSN that trigger the red flags but back and forth transactions or combination of having same living address also? (know this as a fact as not only brother shut down but my sister in law was shut 1 week later)-- but yes, do agree to take extra steps as precaution to fly under their radar. Those that will eventually get shot out of the sky later should rethink their flight plans now.--IMO
It's not just verification. It has tax consequences of 200 transactions AND > $20,000 (and, I know it's irrelevant for the $1k/month purpose) by providing the SSN. I can't remember, but it wasn't mandatory. Mandatory SSN was started within a year...I think. I'm not gonna verify when it started by going thru 160+ pages.