Savers credit

(a) In general Section 25B of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection: (g) Identification requirement (1) In general No credit shall be allowed under subsection (a) with respect to an eligible individual unless the individual includes such individual's social security number on the return of tax for the taxable year. (2) Social security number defined For purposes of this subsection, the term social security number has the meaning given such term in section 24(h)(7).. (b) Penalty Section 6663A of the Internal Revenue Code of 1986, as added and amended by this Act, is further amended— (1) by striking section 24 or 32 in subsection (a) and inserting section 24, 25B, or 32, and (2) by striking child or earned income credit in the heading and inserting certain credits. (c) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2026.