What Tax ID Number?
The HTML0 Tax ID, sometimes referred to as a taxpayer Identification Number (TIN), is a unique identifier used by the Internal Revenue Service (IRS) in the United States to track individuals, businesses, and other entities for tax purposes.
There are several types of TINs, including:
- Social Security Number (SSN): It is issued by the Social Security Administration (SSA) to U.S. citizens, permanent residents, and specific permanent residents through the Social Security Administration (SSA)—the most popular kind of TIN for individuals.
- Employer Identification Number (EIN): EINs are used by non-profit organizations, businesses, and other organizations. The EIN can be used to recognize a company entity when filing tax returns and other filings.
- Individual Taxpayer Identification Number (ITIN): The IRS issues TINs to those who require them but aren’t qualified to receive an SSN. These are usually non-resident aliens or those who must complete a U.S. tax return but don’t possess an SSN.
- Adoption Taxpayer Identification (ATIN): issued by the IRS for children who are in the process of adopting to the U.S. who do not yet have an SSN.
If you’re seeking your personal or company’s tax ID Number, this is usually the SSN (for individuals) or the EIN (for companies). To find out more information or get a TIN, it is necessary to make contact with the IRS, or for an SSN, it’s the Social Security Administration.
How to Get a Federal ID Number?
An ID Number from the federal government, also known as an Employer Identification Number (EIN), is issued by the Internal Revenue Service (IRS) and serves to identify a company for tax purposes.
Here’s how you can obtain an EIN:
Determine if You Need an EIN
You’ll need an EIN if you employ employees, are an entity, partnership, or corporation, or a partnership, and withhold taxes on earnings (other than wages) that you pay to non-resident aliens or a Keogh plan, or are associated with specific kinds of organizations, in addition to other factors.
Gather Required Information
You’ll have to give details about your company, which includes:
- Legal name of the company
- A trademark (if distinct from a legally recognized name)
- The name of the person responsible, along with the Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN)
- The address of the entity
- The kind of business entity (e.g., sole proprietorship, corporate, partnership, etc.)
- The purpose of applying for an EIN (e.g., starting an entirely new business or hiring employees)
Apply Online
The simplest and fastest method of obtaining an EIN is to apply online. EIN can be submitted by an online application via the IRS’s website: IRS site.
- Go to the IRS EIN Assistant.
- Fill out the form. The application must be completed in one go, as you cannot save it or come back to it later.
- After successful completion of the process, you will be issued your EIN right away.
Apply by Mail or Fax
By Mail:
- Complete IRS Form SS-4, “Application for Employer Identification Number.”
- The completed form should be sent to the correct IRS address indicated in the instructions for the form.
- Processing takes around four weeks.
By Fax:
- Complete IRS Form SS-4.
- Fax the completed form to the address listed in the instructions for the form.
- The typical time for receiving your EIN is within 4 workdays.
Apply by Phone (for International Applicants)
If you’re an international candidate with no legal home or principal business location within the U.S., you can apply for an EIN by contacting the IRS at 1-267-941-1099 (not a toll-free phone number).
Receive Your EIN
After you receive your EIN and have it, you can use it immediately for most professional purposes, such as opening bank accounts, getting business licenses, and submitting taxes.
Keep Your EIN Safe
It is your EIN’s recurring number. It will never expire or need to be renewed. Keep it secure so you can refer to it in the future.
It is an EIN that is essential for a variety of business operations, such as tax filing, hiring employees, and setting up credits for your company.
How to Find a Federal ID Number?
To locate an ID number for the federal government, commonly referred to as an Employer Identification Number (EIN), you can look up any official document where it could be mentioned, like tax returns, pay records, and bank statements. If you’re the proprietor of a business and cannot find the EIN, you may get in touch with the IRS directly to get assistance. If you have obtained your EIN on the Internet, you may also have a confirmation email from the IRS.
Also See: Taxpayer Identification Number (TIN)