# US connected accounts accepting card payments verification requirement changes

### **What specifically is changing?**
* **Required information collected from connected accounts.** We're updating the information we require from sole proprietorships, non-profits and single-member LLCs and simplifying how we obtain legal guardian consent for accounts opened by minors. In addition, an email for the account representative is now required for all legal entity types, and a change for government entities and public companies.
* **How we verify business information and provide new detailed verification responses.** We're updating our criteria for valid business information and introducing new verification error codes when we unable to accept or verify information provided.
* **Threshold at which we verify tax identification numbers (TINs).** For Custom and Express connected accounts, we're lowering the payments volume threshold at which we verify TINs to align with current federal tax reporting thresholds.
* **How we prefill statement descriptors and statement descriptor prefixes.** If a statement descriptor isn't provided, the prefill logic has changed to use either the business profile name, the business URL, or the legal entity name of the connected account.
These changes will affect all users with a requested [card_payments](https://stripe.com/docs/api/accounts/object#account_object-capabilities-card_payments) capability in the US.
### **Required information collected from connected accounts**
New information collected and new fields added to the API:
* Businesses that are [company.structure](https://stripe.com/docs/api/accounts/create#create_account-company-structure) of `sole_proprietorship` and `single_member_llc`, must provide their business address (“company address”). In the event that the business address is the same as the representative’s personal address, your connected accounts can provide the same values for both.
* Legal entities that are [company.structure](https://stripe.com/docs/api/accounts/create#create_account-company-structure) of government_instrumentality, `tax_exempt_government_instrumentality`, governmental_unit, public_company, and public_corporation, public_partnership must provide an email for the account representative.This requirement now applies to all legal entity types.
* To simplify how we obtain a legal guardian’s consent for accounts opened by minors, the [Persons API](https://stripe.com/docs/api/persons) has been updated with a new relationship type of `legal_guardian` as well as an `additional_tos_acceptances` field to record the legal guardian’s agreement to the Stripe Terms of Service. If the account representative’s date of birth indicates the individual is a minor, then an account requirement is triggered to add a `legal_guardian` before the account can be activated.
See the full list of [required verification information](https://stripe.com/docs/connect/required-verification-information) to collect during onboarding for your specific connected account configurations.
### **Updates to the information we already collect**
We’ll request the following information from your connected accounts:
- **Field**
- **Updated requirements**
- **Additional considerations**
---
- SSN or ITIN collected from US resident Representatives (Reps)
- Last four digits required at onboarding for all account types, including Custom and Express connected accounts.
- This is the current behavior for Standard connected accounts.
---
- SSN or ITIN collected from US resident Owners
- Last four digits required once payments volume exceeds $500K for all account types, including Custom and Express connected accounts.
- If we can’t programmatically obtain the full nine digit SSN for an individual associated with your account using information already provided, you must provide the full nine digits.
---
- National ID or verification document collected from non-US resident Reps
- National ID or verification document at onboarding for all account types, including Custom and Express connected accounts.
- Only applies to non-US resident Reps.
---
- National ID or verification document collected from non-US resident Owners
- National ID or verification document once payments volume exceeds $500K for all account types, including Custom and Express connected accounts.
- Only applies to non-US resident Owners.
### **New verification error codes**
When we’re unable to verify information provided by your connected accounts, we’ll surface detailed verification responses [error codes in the Accounts object](https://docs.stripe.com/api/accounts/object#account_object-requirements-errors).
* [Handling document verification issues](https://docs.stripe.com/connect/handling-api-verification#handle-document-verification-problems)
* [Handling URL verification errors](https://docs.stripe.com/connect/handling-api-verification#url-verification)
### **Update to the threshold for tax identification number (TIN) verification**
To align with the IRS reporting thresholds for Forms 1099-K, 1099-NEC, and 1099-MISC, we’re updating the threshold at which we verify the TIN to when your payments volume reaches $600 or within 30 days of first charge, whichever comes first.
### **How we prefill statement descriptors and statement descriptor prefixes**
For new connected accounts, if a statement descriptor is not provided, it is prefilled using the following supplied fields (in this order): `business_profile[name]` (“doing business as”), `business_profile[url]`, the legal entity name (either `individual[first_name]` + `individual[last_name]` or `company[name]`).
In addition, if the statement descriptor prefix is not provided, it’s prefilled from the first 10 characters of the statement descriptor.
For existing accounts, if a statement descriptor or prefix fails verification, your accounts will be required to update this information. Stripe will not modify these fields using our prefill logic.