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| - quote - > I wish to open a Self employed (solo ) 401K. I am not
You would use the EIN only for the 401(k). Continue to use> incorporated and do not have a separate EIN. It seems I need > an EIN to open a 401K. > Assuming I do need an EIN to open a solo 401K, I can apply > for one now, but all my income for 2004 will be reported on > 1099's with my SS# not my new EIN. > Does this matter to the IRS? Can I still make my 401K > contribution based on the 1099 earnings(profits) associated > with my SS#? your SSN for all other purposes. -- Thomas E Healy, CPA, PC 1650 38th St., Ste 202W Boulder, CO 80301 Please send email to: tom[at]tomhealycpa.com, since I block all email at my newsgroup address. phone (303) 443-1804 fax (720) 489-3772 << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| I wish to open a Self employed (solo ) 401K. I am not incorporated and do not have a separate EIN. It seems I need an EIN to open a 401K. Assuming I do need an EIN to open a solo 401K, I can apply for one now, but all my income for 2004 will be reported on 1099's with my SS# not my new EIN. Does this matter to the IRS? Can I still make my 401K contribution based on the 1099 earnings(profits) associated with my SS#? Thanks. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| 401k, ein, solo or se |
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