How To Get A Tax ID Number – Forbes Advisor

To obtain a business tax identification number, you must complete an online application at IRS.gov and provide the required information. Here are the three steps you can take to get your business tax identification number immediately:

Step 1. Register your business in your state

Before completing your online application with the IRS, you must register your business in the state in which you wish to operate. The company type and registration information is required when completing the application for a tax identification number.

When applying online, you will be asked for your incorporation date, company name, address and the state in which you are registered. Your company name must be approved by the state of operation prior to completing your tax identification number application. A sole proprietor who is liable to pay excise taxes could still obtain a tax identification number once a DBA (doing business as, a registration in a name other than the legal name of the owner) is registered with the state.

Step 2. Gather the necessary information

You will need some information about the business owner as well as the company itself before proceeding with the application. For example, you should have the following information to hand when completing the application:

  • Company Name
  • Name of the person responsible for the business
  • Personal tax identification number of the natural person responsible for the company
  • Business postal address
  • type of business entity
  • state registered in
  • Date on which the company was legally incorporated
  • Number of employees you expect to have on the payroll over the next 12 months
  • Date on which you started paying wages, if applicable
  • type of business entity

Remember that to be eligible for a corporate tax identification number, you must be a US resident corporation and the applicant (you) must have a valid individual tax identification number.

Step 3. Submit your application

Once you have this information, you can complete the online application through the IRS website. Once your information has been validated during the application process, you can submit your application and immediately receive your tax identification number as a PDF from the IRS. You can download, print or save the letter containing your new tax number.

Find legal answers for your small business

Nolo offers hundreds of consumer-friendly do-it-yourself legal products written in plain English.

Leave a Reply

Your email address will not be published. Required fields are marked *