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#4
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| The form appears to have only the vaguest connection to the reasons and grounds on which the IRS actually grants EINs. << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== > |
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#3
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| "Shyster1040" <Shyster1040[at]nospamhotmail.com> wrote: - quote - > For a disregarded LLC, the ability to obtain an EIN will
Somewhere on the IRS website it says that you cannot use the> depend, in part, on what you want it for. You can obtain an > EIN (more properly, a TIN) for a disregard for purposes of > opening a bank account - the instructions (which are very > poorly written) will get you through some of this. As for > other purposes, like filing employment tax returns, you > would obtain an EIN for yourself and use that EIN. > Depending on what you want it for (I'm assuming nothing > illegal), call the EIN phone number instead of going online > - the folks there will be able to give you much more help in > figuring out the Service's disconnect between how the EIN is > used in reality and what the form says. online form to request an EIN for an LLC. You have to call. Easy, takes a few minutes (fill out the form first, according to the instructions), and you will get your EIN right then. They actually encourage to get an EIN for a disregarded LLC, even though you may not need one according to the form. << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== > |
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#2
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| For a disregarded LLC, the ability to obtain an EIN will depend, in part, on what you want it for. You can obtain an EIN (more properly, a TIN) for a disregard for purposes of opening a bank account - the instructions (which are very poorly written) will get you through some of this. As for other purposes, like filing employment tax returns, you would obtain an EIN for yourself and use that EIN. Depending on what you want it for (I'm assuming nothing illegal), call the EIN phone number instead of going online - the folks there will be able to give you much more help in figuring out the Service's disconnect between how the EIN is used in reality and what the form says. << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== > |
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#1
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| jon[at]jonathanpadilla.com wrote: - quote - > I'd like to apply for an EIN as a LLC( only member) however
First of all you did not say so, but hinted at the fact> I don't see that option in question 8a on the form. I tried > to put "LLC" in the "Other (specify)" field however the > online form returned this error message: > "Other (specify)reference to a form of Limited Liability > Corporation is not allowed." > I was thinking that I just select Sole Proprietor, but I'm > afraid that this will screw up my original intent of being > LLC, based on my understandings of a LLC vs Sole Proprietor > type. Would it be safe to mark it as a partnership even > though I know I won't be anyone just myself? > I'm sure other folks have crossed this problem when applying > online. > Any advise greatly appreciated! that you have not actually legally formed an LLC; is this correct? that is the first step. Only after you've filed the paperwork with your state's secretary of state and received your "charter" may you conduct business as an LLC. Wait till you do this, then apply for your EIN. ChEAr$, Harlan Lunsford, EA n LA << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== > |
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| jon[at]jonathanpadilla.com wrote: - quote - > I'd like to apply for an EIN as a LLC( only member) however
That would be correct for a single-person LLC. The LLC is> I don't see that option in question 8a on the form. I tried > to put "LLC" in the "Other (specify)" field however the > online form returned this error message: > "Other (specify)reference to a form of Limited Liability > Corporation is not allowed." > I was thinking that I just select Sole Proprietor, not a recognized entity for federal tax purposes, it will be taxed as a sole proprietorship (pass through). - quote - > but I'm
No> afraid that this will screw up my original intent of being > LLC, based on my understandings of a LLC vs Sole Proprietor > type. Would it be safe to mark it as a partnership even > though I know I won't be anyone just myself? - quote - > I'm sure other folks have crossed this problem when applying
<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >
> online. > Any advise greatly appreciated! |
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#-1
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| I'd like to apply for an EIN as a LLC( only member) however I don't see that option in question 8a on the form. I tried to put "LLC" in the "Other (specify)" field however the online form returned this error message: "Other (specify)reference to a form of Limited Liability Corporation is not allowed." I was thinking that I just select Sole Proprietor, but I'm afraid that this will screw up my original intent of being LLC, based on my understandings of a LLC vs Sole Proprietor type. Would it be safe to mark it as a partnership even though I know I won't be anyone just myself? I'm sure other folks have crossed this problem when applying online. Any advise greatly appreciated! Jon << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== > |
| Tags |
| form, llc, option, ss4 |
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