The Social Security Administration has announced the most popular U.S. baby names of 2022 based on applications for Social Security cards. Did your name make the list?
Of course, unless you have a Gerber baby, the chances are slim that your little one will be headed to work immediately. So why get a Social Security number at birth? Taxes. Your child must have a Social Security number for you to claim your child as a dependent on your income tax return—but remember that there are no personal exemption amounts from 2018 through 2025.
If you can't claim your child as a dependent, you can't claim certain tax breaks, including the earned income tax credit and the newly expanded child tax credit. Additionally, without a Social Security number for your child, you can't file as head of household or qualifying widow with a dependent child.If you don't want a Social Security number for your child, you don't have to get one.
for the waiver. Assuming you qualify for the exemption/waiver, you must notify SSA that this is your intention and that you do not want a card created or mailed.Most Americans do get a Social Security number. Around 453.7 million people have received Social Security numbers since the first number was issued on December 2, 1936. ThatThe numbers on your card—the first three digits were assigned by the geographical region where the person was residing when they obtained a number.
In 2011, the SSA implemented a new assignment methodology for Social Security Numbers, which uses a new randomized assignment methodology. Social Security numbers are widely used today for various purposes, although only about 40 official uses are approved by Congress. The Social Security Act also allows state and local governments to require a Social Security number for tax and other reasons. As for IRS? The agency didn’t begin using Social Security numbers as official taxpayer identification numbers until 1962—you can blame computers for the uptick.
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