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Old 02-29-2008, 09:15 PM
Drew Edmundson
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Posts: n/a
Default Re: Assistance in filing SS4 or EIN form for Single member LLC

----- Original Message -----
From: "D Chadha" <dchadha[at]gmail.comNewsgroups: misc.taxes.moderated
Sent: Tuesday, February 19, 2008 1:22 AM
Subject: Assistance in filing SS4 or EIN form for Single member LLC


- quote -

> Hi,
> I have opened a Single member LLC in Virginia by filing articles of
> organization and got a certfiface for the same. Now the second step is
> to get the EIN. I have gone through the instructions of latest SS4
> form and almost filled the form also. But I have few questions in that
> as follow:
> 1. As per the latest SS4 form (Rev July 2007), there is no need to get
> EIN for single member LLC (which is my case). But I do want a separate
> EIN so that I don't have to use my SSN at all the places. My first
> question is that Can I still get EIN for single member LLC ?


Sure. For #10 check "other" and specify the business reason you need the
EIN since you don't need it for federal tax purposes.

- quote -

> 2. What should I put in #1 and #2 of the form i.e
> #1. "Legal name of entity (or individual) for whom the EIN is being
> requested" ?
> Should I put the name of my single member LLC which I registered with
> State, lets say "Alpha Beta Gamma, LLC" ? or my full name ?


The entity name.

- quote -

> #2. "Trade name of business (if different from name on line 1) " ?
> Should I put anything here ?


Nope, not unless you have a different name under which you operate. By
different I mean different from the entity name.

- quote -

> 3. What should I put in 9(a) ?
> As per instructions I should put "Disregarded entity" or "Disregarded
> entity - sole proprietorship" in Other(specify). What should I put for
> single member LLC ?


Check "other" and write "Disregarded entity - sole proprietorhip."

- quote -

> 4. What should I select in #14 ?
> I will not be having any employee, so there will be no employment tax
> liability. Should I select "Yes" here ?


Just leave it blank. Make sure you answer "N/A" for #15 and "0" for #13.

- quote -

> 5. I will be providing IT and software development and consulting. So
> in #16 and #17 I will pe putting "IT Consulting".
> My question is : Is "IT Consulting" is fine to put here. I mean is
> there any catch / implication attached with word "Consulting" ?


IT consulting is fine if that is what you will be doing.

Drew Edmundson, CPA (NC)
Cary, NC

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
 
Old 02-29-2008, 09:13 PM
Drew Edmundson
Guest
 
Posts: n/a
Default Re: Assistance in filing SS4 or EIN form for Single member LLC

"D Chadha" <dchadha[at]gmail.com> wrote in message news:3c888ab3-af70-4b10-aa8c-0c58d49dc807[at]u72g2000hsf.googlegroups.com...
- quote -

> Hi,
> I have opened a Single member LLC in Virginia by filing articles of
> organization and got a certfiface for the same. Now the second step is
> to get the EIN. I have gone through the instructions of latest SS4
> form and almost filled the form also. But I have few questions in that
> as follow:
> 1. As per the latest SS4 form (Rev July 2007), there is no need to get
> EIN for single member LLC (which is my case). But I do want a separate
> EIN so that I don't have to use my SSN at all the places. My first
> question is that Can I still get EIN for single member LLC ?
> 2. What should I put in #1 and #2 of the form i.e
> #1. "Legal name of entity (or individual) for whom the EIN is being
> requested" ?
> Should I put the name of my single member LLC which I registered with
> State, lets say "Alpha Beta Gamma, LLC" ? or my full name ?
> #2. "Trade name of business (if different from name on line 1) " ?
> Should I put anything here ?
> 3. What should I put in 9(a) ?
> As per instructions I should put "Disregarded entity" or "Disregarded
> entity - sole proprietorship" in Other(specify). What should I put for
> single member LLC ?
> 4. What should I select in #14 ?
> I will not be having any employee, so there will be no employment tax
> liability. Should I select "Yes" here ?
> 5. I will be providing IT and software development and consulting. So
> in #16 and #17 I will pe putting "IT Consulting".
> My question is : Is "IT Consulting" is fine to put here. I mean is
> there any catch / implication attached with word "Consulting" ?


Test, I have tried to reply to this message before and it hasn't shown up.

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
  #-1  
Old 02-19-2008, 05:22 AM
D Chadha
Guest
 
Posts: n/a
Default Assistance in filing SS4 or EIN form for Single member LLC

Hi,

I have opened a Single member LLC in Virginia by filing articles of
organization and got a certfiface for the same. Now the second step is
to get the EIN. I have gone through the instructions of latest SS4
form and almost filled the form also. But I have few questions in that
as follow:

1. As per the latest SS4 form (Rev July 2007), there is no need to get
EIN for single member LLC (which is my case). But I do want a separate
EIN so that I don't have to use my SSN at all the places. My first
question is that Can I still get EIN for single member LLC ?

2. What should I put in #1 and #2 of the form i.e
#1. "Legal name of entity (or individual) for whom the EIN is being
requested" ?

Should I put the name of my single member LLC which I registered with
State, lets say "Alpha Beta Gamma, LLC" ? or my full name ?

#2. "Trade name of business (if different from name on line 1) " ?

Should I put anything here ?

3. What should I put in 9(a) ?

As per instructions I should put "Disregarded entity" or "Disregarded
entity - sole proprietorship" in Other(specify). What should I put for
single member LLC ?

4. What should I select in #14 ?
I will not be having any employee, so there will be no employment tax
liability. Should I select "Yes" here ?

5. I will be providing IT and software development and consulting. So
in #16 and #17 I will pe putting "IT Consulting".
My question is : Is "IT Consulting" is fine to put here. I mean is
there any catch / implication attached with word "Consulting" ?

Thanks in advance
dc

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
 

Tags
assistance, ein, filing, form, llc, member, single, ss4
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