LLC Federal Tax ID Number (EIN)

[@llcuniversity]

Hey folks, make sure to check the site for most up-to-date information: www.llcuniversity.com/irs/apply-for-ein-for-llc-online/. If you don't have an SSN or ITIN, see these instructions: www.llcuniversity.com/irs/how-to-apply-for-ein-without-ssn/. Or select your state and start forming your LLC with our free guides: www.llcuniversity.com/.

[@TheBanjavi25]

Does it have to be a single member?

[@TheBanjavi25]

Can i get the EIN and then get an LLC after?

[@llcuniversity]

@@TheBanjavi25 - It's best to get the LLC approved first.

[@llcuniversity]

@@TheBanjavi25 - Nope. Any number of members is fine.

[@559killa6]

My wife is opening a day care she already has her license number does she need her SS4 form for a small business

[@debrasteer7236]

Thanks for making this so painless and not so scary.

[@llcuniversity]

You're very welcome Debra!

[@Markbro101]

Agreed. I felt so scared doing this, but I just did it and I am so excited

[@llcuniversity]

@@Markbro101 - Awesome Mark!

[@FinancialBob]

Just want to say thank you! Between filing my LLC and setting up my EIN your videos have educated me on the process and allowed me to set up our business with minimal expense. Much appreciated.

[@llcuniversity]

Thanks so much Bob! You're very welcome. Always love hearing that our videos and guides are helpful :)

[@matthewgoetzka8855]

The video is 5 years old but still incredibly relevant. Thank you for making the process so much smoother!

[@llcuniversity]

You're very welcome Matthew! We'll make an update video if anything changes, but the process is still exactly the same :) For the most up-to-date information, you can find that on our website: www.llcuniversity.com/irs/ein-for-llc/

[@princessshiyaprincessshiya9460]

I've been trying to open my own company for about 3 months and I'm still researching so I don't miss anything! Whenever you upload something it helps me out alot! :-)

[@llcuniversity]

Hey Shiya, awesome!! I'm happy that are videos are helping :) Is there anything else you need help with or have questions on?

[@JDTheOkie]

Note, the confirmation page states, "It WILL take up to two weeks before your EIN becomes part of the IRS's permanent records" which means you must wait for that time period before the new number will pass the IRS taxpayer ID matching program. That means sites like Etsy cannot validate your new EIN until that occurs. Just keep that in mind if you're preparing for or in the process of setting up a new online retail store or business.

[@llcuniversity]

Thank you Jason. This is super helpful and an important point!

[@alesiaw7048]

Wow!!! You Have Made It Real Easy And simple to understand!!! Thank You So Much For Your Time And patients!!!🌹

[@llcuniversity]

You are very welcome!! Thank you for the kind words!!! Be well :)

[@Tictac160]

I'm glad I stumbled across this site because it is just what I needed. There are lots of pay for nothing companies out there and waiting to grab your cash. I will look to this site and pay for services now

[@llcuniversity]

Hey Patrick, you're right... unfortunately, there are a lot of shit companies out there. Our website will teach you how to do everything yourself, but if you don't have the time (or don't want to), we'll also file for you. We prefer to present the truth and all options to our readers :) Hope that helps. Let me know if you need anything else!

[@nelsonduran3494]

You guys are awesome, thank you for taking the time to make these very well structured videos.

[@llcuniversity]

Thank you Nelson! You're very welcome :)

[@reddypeddagorla5752]

This video is very helpful for anyone who does not know about EIN number.Thanks for detailed explanation.

[@llcuniversity]

Thanks Reddy!

[@DontDoThat51]

What if I used a registered agent in Albany NYS

[@llcuniversity]

The address with the IRS is the mailing address for your LLC. It's best to use your actual address. This doesn't affect the publication requirement. Hope that helps.

[@grbush82]

Thank for you sharing this information, I am about to become an Franchise Partner for the restaurant I’ve been managing for 12 years, and your website has been such a big help for me!

[@llcuniversity]

Heck yes!! That's awesome Michelle. Both on your new moves and that our website has helped so much. Happy to hear that & congratulations!

[@saqisaqicooltoad]

Once I have a EIN. Is it mandatory to file income tax every Financial year even if you didn't do any business under that LLC

[@llcuniversity]

The EIN does not make it mandatory to file a return. If you have no activity, you likely don't need to file, but you should speak with a few accountants to be sure as we cannot provide tax information. Check out this strategy: www.llcuniversity.com/how-to-find-an-accountant-for-your-llc/

[@LaDeeDah]

Great question thanks

[@asimchodhary]

I have learned so many things from your youtube channel, the only thing is missing that is how to get or how to apply for ITIN as a non US resident. Thank you

[@llcuniversity]

Awesome Asim! Don't worry we have you covered. As a non-US resident, after your LLC is approved, you can actually get an EIN without an SSN or ITIN. Please see here: www.llcuniversity.com/irs/how-to-apply-for-ein-without-ssn/

[@memofsu27]

I get an error message 105. what does it mean?

[@llcuniversity]

Hey Guillermo, reference number 105 means that you've made too many attempts online to obtain the EIN (using the same SSN, ITIN, or EIN), each leading to an error reference/code. Solution: Wait 24 hours and try the EIN Online Application again. If you still receive an error message, then we recommend filing Form SS-4 by mail or fax.

[@betsytidwell1894]

Wow, the time I have saved watching all these videos on how to open LLC saved me so much time and money. Thank you!

[@llcuniversity]

That's awesome Betsy! Make sure to check out our website. The info is better laid out and more step-by-step over there :)

[@ksvaasu]

Thanks for the video, I was able to follow through easily. Probably you could update the video to include my comment as follows. I am a Canadian and wanted to apply for EIN after the LLC was formed. Your video mentions that I will have to have a ITIN to apply for EIN. That is true when using online application, However by downloading the paper version of form SS-4, I was able to fill "Alien Individual" in place of the SSN/ITIN field and was able to Fax the application. I was advised by IRS on phone to do so.

[@llcuniversity]

Excellent comment! Yes, this video is outdated in that respect and this was a mistake I made then. I will pin this comment at the top for anyone else who does not have a US SSN. Use the paper Form SS-4 (www.irs.gov/pub/irs-pdf/fss4.pdf) and send it in by mail or fax (fax is much faster). On line 7b, write "Foreign".

[@MissGrebin]

Hi! I was just reading the Instructions for Form SS-4 and there's a Apply by telephone option, which is available to international applicants only. I'm from Brazil and just opened a LLC in Florida. I got confused because under this option it says: "If you have NO legal residence, principal place of business, or principal office or agency in the U.S. or U.S. possessions, you may call 267-941-1099 (not a toll-free number), 6:00 a.m. to 11:00 p.m. (Eastern time), Monday through Friday, to obtain an EIN". I hired a business address for my LLC in Florida, would that be considered a "legal principal place of business"? Thanks for all your videos! They are extremely helpful! :)

[@llcuniversity]

Considered. We have it noted. Thanks for the feedback.

[@llcuniversity]

Hey Miss Grebin, apologies for the slow reply. Did you get it figured out? We'll have a guide on our soon for how to complete Form SS-4 for foreigners.

[@margo988]

I've just spent my entire day doing research on ITIN, 16 hours literally!! I really appreciate all the information you provide for free and step by step, gently holding my hand and walking me through the process of forming my first and dearest LLC. But because of this tiny mistake I completely freaked out and lost my sh*t a couple of times while reading ITIN application process - how I need to mail my original ID with my address on it, when my ID doesn't have any address on it and they're gonna reject it, how the process will take 6-7 weeks and they will mail the ID back to me when I'm going to move to another country in a month and I don't know what address to put in the form to get the documents back, so I need to move first, settle and then apply and a number of other terrible manipulations I need to do in order to apply for the ITIN, for example to file a federal tax return, when I don't know anything about it and will have to hire a layer anyway! And just 15 minutes ago I found an article saying that I can file EIN by fax. I headed to youtube to leave a comment for others and give a link to the article and I see that you are aware about it! LOL "Video is outdated and I've made a mistake, sorry" - that is a nice attitude you know! I've lost half of my hair today and the other half has turned gray :'D A tiny note on your website right above the video, saying we don't need ITIN to file by fax, would have changed the game. Thank you!

[@theresamiller1512]

I'm SUPER-EXCITED about starting my business and ETERNALLY GRATEFUL for the information received on the LLC University page! I feel like I should give you a percentage of my first contract! :)

[@llcuniversity]

Heck yeah!! LOL, you're too kind! You are very welcome Theresa :)

[@montero7980]

I don't know really how to thank you. You're so helpful and logic. Thanks for your help and everything you share. Appreciated!

[@llcuniversity]

You're very welcome Kar!

[@afsarali1249]

Perfect, simple and straight to the point video.

[@llcuniversity]

Awesome. Thanks Afsar! Glad it was helpful.

[@king24305]

Great vibe and info on this video. I just recently requested my EIN and ready to get started.

[@llcuniversity]

Thanks PRME! Appreciate the kind words :) Best wishes w/ the business man.

[@smithfinessin3614]

Don’t know how I came across this page but definitely subscribed🔥🔥🔥🔥

[@llcuniversity]

Awesome! Thanks!

[@janem.783]

All US citizens and permanent residents have a Social Security Number (SSN), which enables these individuals to apply for an EIN. If you are a foreign national with a green card, you can also use SSN.

[@llcuniversity]

Hi Amanda, that is correct. Apologies for the video... as it didn't cover that in detail and has a part in that is incorrect. We've updated this page on our site (www.llcuniversity.com/irs/ein-for-llc/), so it now has 3 versions of EIN instructions, including instructions for those with an SSN or ITIN and instructions if you don't have an SSN or ITIN. Thanks.

[@crystalcleardestiny8604]

So, I can apply for EIN under my legal name as US citizen??

[@danielvanderlinde3260]

Hey! I'm genuinely amazed, that you respond to LITERALLY every comment! And here's my question: If I'm non-resident alien without SSN/ITIN, then can I get EIN for llc in other way than by mail or fax? I'm confused, because on your website it says, that mail/fax is the way to do it. But I've seen NRA Brazilian, who obtained this EIN by phone. I can find YT link if necesary to prove. Also how do attorneys and other registering companies obtain EIN for me in matter of days if I have no SSN/ITIN? Do they use their own SSN?

[@llcuniversity]

Hey Daniel, thanks! Appreciate the attention to detail ;) The Brazilian non-resident alien got it done, but it's technically not correct. That international phone line (267-941-1000; 6am-11pm US Eastern Time) is for companies that were formed OUTSIDE of the United States... not for non-US residents who formed an LLC INSDIE the US. The only method we stand behind is mailing or faxing the SS-4 (instructions here: www.llcuniversity.com/irs/how-to-apply-for-ein-without-ssn/). If you hire an attorney or other person to get an EIN for a non-US resident, they are still completing Form SS-4 and entering "Foreign" in line 7b. The only difference is they add themselves at the bottom as a Third Party Designee. There is no way to speed it up though. So anyone who claims they can get an EIN for a non-US resident in days is most likely doing something incorrect (they shouldn't be listing themselves as the EIN Responsible Party and using their SSN, for example). Either that, or there's something we don't know. However, we've worked extensively on this subject matter. I'm not saying we're 100% accurate, but we don't publish any information we can't stand behind. If I'm wrong though, do let me know. Thanks!

[@danielvanderlinde3260]

11 minute response time - you're a champion C: So he cheated the system, but will there be any repercusions by using the incorrect method? I mean, that if the IRS doesn't really care and it works, then why shouldn't we use that loophole?

[@llcuniversity]

We don't know if there are repercussions; we can't say for certain as we're not the IRS. Again, technically that phone number is for companies formed outside of the US that want to get an EIN. So while you may get an EIN, we have no idea if the IRS representative understands what's going on and/or how they are entering your information in their system. There is a chance the EIN is issued, but the record isn't created correctly. The reason we don't publish this information, is that we can't stand behind it. And we don't know if it's a guaranteed/reliable "loophole". We only publish something if we can back it up and we know that it works for thousands of readers.

[@lindermanherrera534]

Muchas gracias LLC University. Este sitio es de gran ayuda para emprendedores y es genial lo simple de sus videos para fácil comprensión del proceso.

[@llcuniversity]

Es un placer! Muchísimas gracias :)

[@BionicVee-s7n]

O.M.G thankkkkk youuuu sooooo much for doing this video. I was Soo upset seeing $300 and $275 for the application. I was following you step by step and I get it right away. I can wait to meet to thank you for my independent.

[@llcuniversity]

You're very welcome! Happy to hear that we could help :)

[@megamix954]

Super easy thank you for making this video! We thought it would be a long drawn out process but in less than 15 minutes it was done.

[@llcuniversity]

Hey Nunya, you're welcome!

[@Do.ya45]

Hello Matt I would first like to thank you for all the help I would be so lost without it. The question I have is when applying for an EIN should I always use my registered agent address for my mailing address? And would the same go for other important documents? Thanks !

[@llcuniversity]

Hi Cody, you're very welcome :) For the IRS, we recommend using your best address. The IRS doesn't really care about who/where your Registered Agent is. They just want a good mailing address. Your Registered Agent also doesn't want you using their address for all kinds of business things. It should really just be used on the LLC paperwork.

[@SophiaSefarady]

Because of your content I saved a lot and learn a lot!!!

[@llcuniversity]

So awesome to hear Sophia!!

[@tracyrobinson6656]

Thank you so much for the video and lessons to come

[@llcuniversity]

You're welcome Tracy! We recommend using our website for anything state-specific: www.llcuniversity.com/

[@xbox360rook]

Thank you for making this easy to follow and understand.

[@llcuniversity]

You're very welcome :)

[@laworldprosperitytour396]

Thanks for the info. In the physical location of the LLC section, do I enter my registered agent address or the company address.

[@llcuniversity]

You're welcome. I'd use the address of the company.

[@terrencefisher7100]

Thank you so much for your help. I really appreciate your time to post info. Thanks again

[@llcuniversity]

You're very welcome Terrence! Thanks for the comment.

[@followmearound123]

Hi Matt. I hope you can see this comment and reply back. I send an SS-4 to the IRS a month ago via an online fax service ( got the success message of course). I waited a month exactly and yesterday I called them to get a Verification letter, as you recommend on your website. The guy could locate my LLC, but he said my application is not in the system. I dont know why this can be. He suggested I re-send the form again and write " second request" on it. By mistake I sent a normal form, instead of the writing on it. Now I'm in a pickle. what if they find the initial application I sent and reply with the number and then get the other one I sent and reply with a new number. God only knows when that's gonna happen. This is so frustrating! What do you suggest I do? He suggested I call back on August 6th. I'm really confused.

[@llcuniversity]

Hey there, no worries. It's not a big deal. First, the IRS is delayed right now due to covid-19. Some EIN Applications can take 45-50 (sometimes even 60 days) to process. If you get one EIN, just use that. If you get a second one, it's not a big deal. Just mail the IRS a Cancellation Letter (www.llcuniversity.com/irs/cancel-ein/) to close out the extra number. Hope that helps!

[@followmearound123]

@@llcuniversity thank you. Fingers crossed

[@llcuniversity]

@@followmearound123 - You're welcome!

[@sharonminter880]

yes yes yes very please was able to follow through with clarity..., again Thanks

[@llcuniversity]

Awesome! You're very welcome :)

[@feltiya]

This is awesome!! all information you provide are what I've been looking for. i really appreciate it!!!

[@llcuniversity]

You're very welcome! Glad it was so helpful :-)

[@markjames7652]

Awesome video, quick and straight to the point.

[@llcuniversity]

Thank you sir!

[@ZiireNa]

Looks so easy !!! Do i have to do this every year??? Or is forever??

[@llcuniversity]

Hi Lala, no. An EIN is a one-time thing. After the LLC is approved, you apply for an EIN. The EIN will be used on the LLC's bank account, filing taxes, and other government-related forms. Hope that helps.

[@rafaelmorales8776]

So, I've created a bit of a dilemma for myself. I created an EIN first but then found out that the business name I listed it with was taken. So I decided to send the IRS a cancellation letter like you've outlined in your website, and after nearly two months, I've heard absolutely nothing back. Now my question is: do I send a second request to take that EIN down, or just forget about it and create a new one? Does it matter in the first place? I'm hoping I can just shrug it off and make a new one (this time researching a name that isn't taken ahead of time) instead of waiting another two months for a confirmation that might never arrive.

[@llcuniversity]

The IRS is required to respond in writing to written requests within 60 days, so you should receive confirmation shortly of your first EIN cancellation. Don't cancel it again, but you can always call and check the status. That's the easiest thing to do. We have the phone number towards the bottom of this page: www.llcuniversity.com/irs/apply-for-ein-for-llc-online/

[@barbaragalloway6190]

Thank you for your video! When filling out form what do you put for a start date if you haven’t officially launched your business? Also when first starting out do you put filing quarterly or annually on the SS4 Form? Thank you in Advance!

[@barbaragalloway6190]

For reference it would be for a sole proprietorship.

[@llcuniversity]

Hi Barbara, you can use the approval date of your LLC. For #14, if you don't have employees, just leave it unchecked. We have more detailed instructions on these pages below. File online: www.llcuniversity.com/irs/apply-for-ein-for-llc-online/ File by mail or fax: www.llcuniversity.com/irs/apply-for-ein-for-llc-ss4/

[@barbaragalloway6190]

@@llcuniversity Thank You!

[@areenalkfoof1378]

thank you for the Great explanation.

[@llcuniversity]

You're welcome!

[@thede3tecto]

Thank you, your video really helped guide me through the process.

[@llcuniversity]

You're very welcome Lazarus!

[@janicebullock6114]

Thank you so much, this was very helpful.

[@llcuniversity]

You're very welcome :)

[@castor4521]

Ok! After watching your amazingly informative video on forming an LLC, I'm happy to report that my LLC has been approved and is ready to go!! However: I had planned to set up a DBA (doing business as) name under the LLC - should I do that before applying for the EIN?

[@llcuniversity]

Thanks Sean! It would be best to get the DBA done before the EIN application. This way, you can list the LLC name and the DBA both on the application. Hope that helps! Keep rockin'!

[@mightypen]

So helpful! Thank you!

[@llcuniversity]

You're very welcome!

[@omarherrera1786]

You are awesome this video was so useful. Thank you so much.

[@llcuniversity]

You're super welcome Omar! Thanks :)

[@ivalinapasse2469]

Excellent Thank You Sir. Very Helpful!!!!

[@llcuniversity]

Hey Ivalina, thank you! We're glad we could help!

[@onewomanempire3719]

Thank you so much you videos helped both me and a client of mine start our llc's

[@llcuniversity]

Awesome! You're very welcome!

[@gunawangunawan677]

Thank you for your kindness and time to help and guide people like me, I'd really appreciated it. I have a question, I'm opening an LLC and want to import/sell raw spice in the USA, I got confused with the type of business category should I choose ? retail ? do I need to specify that I will be selling spice? please help.

[@llcuniversity]

You're very welcome :) Import/export would be better under the "wholesale" category. Hope that helps.

[@gunawangunawan677]

thank you very much@@llcuniversity

[@carlosgongora3388]

Fantastic explanation!! thanks

[@llcuniversity]

Thanks Carlos!

[@JoyinDementia]

Thank you so much for this free and valuable info!

[@llcuniversity]

You are very welcome! :)

[@larrysheran]

Thanks! I would've loved to see a multi-member application.

[@llcuniversity]

You're welcome! Ah, good call! We do have that info on our website though: www.llcuniversity.com/irs/apply-for-ein-for-llc-online/

[@UuU1001.]

First off thank you for your wonderful help. Now to my question, if I were to file my llc with the DOS in new York using the northwest registered agent, I would have to list Albany as my primary address for publication purposes. When I apply for an ein number with IRS, would I have to list the physical/primary business address as the northwest registered agent address also? I am confused because with the department of state I would have to list Albany as my place of business, but with IRS I would have to list New York city as primary business address, if I am understanding what you said in the video . I am assuming this difference wouldn’t matter much, and that I may be overthinking this, but would greatly appreciate your confirmation.

[@llcuniversity]

Hey Michael, you are correct. You'll use the Albany address with the DOS and you'll use your NYC address with the IRS. The two agencies will not be communicating with each other.

[@UuU1001.]

Thank you for your help! Yes I finally got that portion completed.

[@llcuniversity]

Awesome. You're welcome!

[@Itsokhay]

@@llcuniversity Hiiii!! I had the EXACTTT same question thank you so very much!!

[@Itsokhay]

Thank you for asking this!! I had the exact same question about here in NY!! Good luck and God bless!

[@dianarincon6290]

Thank you so much for a detail explanation!

[@llcuniversity]

You're very welcome Diana!

[@msemmafw]

Do you put your actual home address or can you put a virtual office address for the EIN?

[@llcuniversity]

Hi Faye, you can either one, whichever you prefer. The IRS simply treats this address as a "mailing address", so whichever place is easier and/or more reliable for you to get mail. Hope that helps.

[@Homefront18]

question did you put your address for physical and clicked yes for different mailing address. or used virtual office for all?

[@llcuniversity]

@@Homefront18 The video was just a sample. Can you ask the question as it relates to your situation? What are you looking to accomplish or what's your question?

[@wendyme669]

Thank you for making this so easy! you are appreciated

[@llcuniversity]

You're very welcome Wendy!

[@braidingprobservecllc9816]

Hi First of all, i would like to thank you a lot for the work you are doing , It is very helpful and I wish you a big success. I setup my LLC with Northwest like you adviced. I then use their address. Now I have two questions 1- In the EIN application, will I use the Northwest address as the principal LLC address and mailing address? 2 I am not US citizen but a permenant resident with a SSN. Can I use the SSN and apply online right? Thanks

[@llcuniversity]

Hi Yawu, you're very welcome! Yes, you can apply online if you have an SSN. We have instructions here: www.llcuniversity.com/irs/apply-for-ein-for-llc-online/. You'll want to use your best mailing address for the EIN Number. And typically, when opening a bank account, the bank may want this address to match your LLC's other addresses listed. Hope that helps.

[@marcscott2728]

Thanks for the knowledge that you provide, so helpful! When I state the purpose of my company or what does my company do on the online application, am I held to that specific purpose or can I be flexible and do other things on the side to provide additional capital for my LLC? Such as consulting, using my EIN to buy wholesale and sale retail or rent/lease property I will own in the future? Is there a more general purpose option in that category online?

[@llcuniversity]

You're welcome Marc. You'll want to list the primary activity. But you're not going to be held to it. You can still do as you wish with your side activities. Hope that helps.

[@danawright3531]

Thank you so much for creating this video. It was so helpful. Just want to confirm, once I complete the articles of corporation and receive the email receipt. Does that mean my LLC is approved or do I need to wait for the certified copy in the mail or another communication via email before proceeding with setting up my EIN. Please note the filing will be done in NY.

[@llcuniversity]

If you file online in NY, the Articles of Organization is approved instantly. So once you pay and download your Articles of Organization (and other docs, if ordered), you're LLC is approved and officially in existence. If you file by mail, you'll need to wait until you receive back your stamped and approved Articles of Organization in the mail. Hope that helps!

[@danawright3531]

Thank you!

[@Sabadsphotography]

I am registering for an EIN as a single member LLC . I have a home run Photography business. A few queries here please.1. Legal name can have llc without comma before. 2. trade name is just the legal name without LLC written.3. Type of entity. I don't know what to write. 4. Do I write photography service and prints sold. Thank you so much Love the clarity of your video it was so helpful.

[@llcuniversity]

Hey Saba, did you already form an LLC? Did you also file a DBA too... or no, just LLC?

[@darrenchang2907]

Thank you so much for the helpful video series. I filed my article of organization online and already got my filing receipt and certified copy of the article of organization. Can I apply for EIN right away or do I need to wait after the publication requirement is fulfilled?

[@llcuniversity]

Hey Darren, thank you for the nice comment. As soon as you have the approved Articles of Organization, you can apply for the EIN. You don't have to wait until you meet the NY publication requirement first.

[@اضحكمعنعيمة]

Thank you very much, your video is so clear and easy to follow.

[@llcuniversity]

Awesome! You're very welcome :)

[@JetVet718]

For the principle/physical address, if we used Northwest (Albany) as the registered agent do we put their address ? Same with the "Tell us about your LLC" page, for the county do we put Albany or the County we really reside in ?

[@llcuniversity]

The purpose of the IRS asking for an address is to ensure that their mail/correspondence will reach you. No one outside of the IRS should see this address (and there won’t be communication between the IRS and the NY DOS regarding this address), so you don’t have to list the temporary Albany address you used to meet the NY publication requirement. You can just list your normal/regular NY address here. Hope that helps.

[@gilbertj5544]

Thank you !

[@lacey2009renae]

I can't thank you enough for your super awesome videos and website! It has made this transition so much easier! I do have a question though. I am starting a handmade gift business. I didn't know if I should select retail or wholesale? (I plan to sell online, direct sales, and move into wholesale in boutiques.) Or something totally different? I really appreciate your help and am so happy my friend (who is also in the process of starting his business) referred me.

[@llcuniversity]

Heck yea! That's so awesome your friend referred you Lacey :) Retail would likely be more accurate. Retail includes eCommerce (www.irs.gov/irm/part4/irm_04-043-001). Hope that helps! Let me know if you need anything else.

[@lacey2009renae]

@@llcuniversity I got it set up. Thank you again for your help 😊

[@llcuniversity]

Awesome! You're welcome :)

[@jessebronson6976]

thanks for the help and direction

[@llcuniversity]

You're welcome Arion!

[@tompayani]

Great content Matt. Thanks a lot. Just one question. If I am a non-US resident but have incorporated my company as an LLC in Delaware it is possible to open a business bank account without an EIN. I have attempted to do so with Wise and Revolut without success. I was wondering if there was a workaround or if this is something I cannot avoid. Thanks.

[@llcuniversity]

Hi Tom, no, you'll need an EIN to open a bank account. We have instructions on EINs for non-US residents here: www.llcuniversity.com/irs/how-to-apply-for-ein-without-ssn/ Also, here is LLC banking info for non-US residents: www.llcuniversity.com/foreigners/open-us-bank-account-llc-non-resident/

[@MrsOrganics]

Very Informative. Thank you.

[@llcuniversity]

You're very welcome!

[@jespi510]

Thank you for the video. I have a specifi question about the member part of the application.. are you available for paid telephone support?

[@llcuniversity]

You're welcome Jeiver. The IRS doesn't ask for Members. They just ask for the EIN Responsible Party: www.llcuniversity.com/irs/ein-responsible-party-for-llc/ We don't offer such a service, but feel free to leave your question here.

[@jespi510]

@@llcuniversity thank you again for responding.. so here is the specific question that I have; my partner and I have an investment property that we do 100% of the management duties for. We have a 3rd partner who is a passive investor. We set up an LLC in FL. and we only put us 2 on the State LLC registration as Authorized member(he will be in Oper. Agreem), so the question is do all 3 of us have to be on the EIN registration in the "member" or can it be just the 2 of us? .. or better yet just one of us?

[@llcuniversity]

@@jespi510 - Hi Jeiver, please see the link in my other reply. There is only 1 EIN Responsible Party on file (not all Members). The Members are disclosed during the 1065 Praetorship return filing. It also sounds like your LLC is a Manager-managed LLC: www.llcuniversity.com/member-managed-llc-or-manager-managed-llc/

[@Gizmo_heads_up_barbershop]

So what is Llc ? I confuse I’m trying to open a barbershop it’s two partners and why is only one person have to use their ssn to get an ein when its two people opening up for a barbershop as partnership? Great video btw

[@llcuniversity]

Hey there, the IRS only needs one Responsible Party. We have more info on that here: www.llcuniversity.com/irs/ein-responsible-party-for-llc/. And we have a video on "what is an LLC" here: www.llcuniversity.com/what-is-an-llc/. Hope that helps :)

[@DThornDigital]

thank you very much!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!👏👏👏👏👏👏👏👏👏

[@llcuniversity]

Sure thing man!!

[@Easedan900]

Thank you for the video it was simple and clear...

[@llcuniversity]

You're very welcome. Thanks for your nice comment!

[@clarisadonaldson6598]

An truck drivers an the dispatchers are independent self contractors an some of them work as for themselves also as sole proprietorship that's why I need an ein for my job

[@llcuniversity]

I see. Thanks for sharing Clarisa.

[@rachealp5706]

Thank you so much!!!! Love ur educational video

[@llcuniversity]

You're very welcome!

[@VBaee]

Thank you so much!

[@llcuniversity]

You're welcome Vbae!

[@lauravitale4695]

This is great video. Can I share this with my college class?

[@llcuniversity]

Thanks Laura. Yes, you certainly can :)

[@Avatargeek23]

Thanks for sharing! Was able to get my publishing company set up with your help. Much appreciated. 🙂

[@llcuniversity]

Awesome!! You're very welcome :)

[@oshp6709]

Thank you for video. You made easy for us to understand SS-4 process.

[@llcuniversity]

You're welcome, Osh. We have some updated info here, if helpful: www.llcuniversity.com/irs/ein-for-llc/

[@gdprdonotsharepiiccpa9964]

Ok you are much easier to the ears very detailed and understandable ✅💣

[@llcuniversity]

Why thank you! Glad it was helpful :)

[@ferrodynamix5493]

Hey. I truly appreciate all of the work you've put up to help people with these processes. I plan on forming a single-member LLC for myself. I am in NY. I will not have any employees working under me. IS it better for me to get an EIN or remain A sole-proprietor under my own SS# once I've formed my LLC? Thanks so much

[@llcuniversity]

Thanks Ferro! You're not a sole proprietor, but rather, your Single-Member LLC is, by default, taxed as a Sole Proprietorship by the IRS. Subtle difference in wording, but big difference legally. We recommend getting an EIN for your LLC since the bank will likely ask for it when you open your LLC bank account. Hope that helps.

[@ferrodynamix5493]

Thank you. And again I must say how much of a blessing you and your services are. Its beyond beneficial. Will that mean I have to file more than a Schedule C come tax time (If I get an EIN)?

[@llcuniversity]

Thanks so much for the kind words :) It makes the hard work very rewarding. Most LLCs will just have a Schedule C as a part of their personal 1040 tax return, however, you may have additional Schedules and Forms depending on how make money. And that would be the same whether you had an EIN or just filed with your SSN. We recommend working with an accountant though once you get the LLC setup to make sure you file taxes properly. 3 levels to file for (and often, even if $0 tax is owed): federal, state, and local. We have some tips here for finding an accountant: www.llcuniversity.com/how-to-find-an-accountant-for-your-llc/. Hope that helps!

[@ferrodynamix5493]

Thank you so much again! You guys are such a great asset!

[@llcuniversity]

You're welcome :)

[@j.m.l5464]

Regarding the mailing address and physical location of the LLC, in say NY, would it be the owners home address or the registered agents (UPS mailbox address)?

[@llcuniversity]

For the LLC's EIN, there is flexibility in the address you use as it will be treated as the mailing address of the business, so any address where it's easiest for you to get the mail. The address isn't on public record either. Hope that helps.

[@f..m.3entertainmenttelevis921]

THANK YOU FOR THE GREAT ADVICE!! You guys are awesome!! One question.... I have a take ID number and would like to use it to purchase wholesale supplies using my tax ID. Is there some sort of tax ID card available or is there a database where they would already have my information? Thank you.

[@llcuniversity]

You're very welcome! We don't understand your question. Can you rephrase it please?

[@f..m.3entertainmenttelevis921]

LLC University I’m starting a graphic T-shirt company and I would like to purchase my supplies at wholesale which requires me having a tax ID. When I go to the wholesalers, do I show them my tax ID filing papers? Or is there a database where they can look up my company to see it’s legit? Or is there a some sort of ID or certificate I can take to the business? Someone actually showed me an old sales tax ID blue certificate they once used to buy wholesale items. Do I need one of those documents? Thank you.

[@llcuniversity]

There may be two numbers you're referring to here: the LLC's EIN Number (aka Federal Tax ID Number) and the LLC's NY Sales Tax Permit number. You may need to register for a Sales Tax Permit in NY. However, we don't specialize in sales tax information, just LLC formation. Hope that helps a bit though.

[@f..m.3entertainmenttelevis921]

Thank you. That really helped. Did not know it was a different type of number.

[@llcuniversity]

@@f..m.3entertainmenttelevis921 - You're very welcome!

[@JapanLover4eva]

Thank you for this! If I filed a Sole Prop EIN, then file a new EIN LLC later for the same entity. Do I have to do anything with the Sole Prop EIN? Delete it or the like?

[@llcuniversity]

You can deactivate the EIN: www.llcuniversity.com/irs/cancel-ein/ - If a final tax return needs to be filed using the the EIN for the Sole Proprietorship, do so before cancelling/deactivating the EIN.

[@danielbishop2037]

Thanks man,you made it so easy!👊

[@llcuniversity]

You're welcome Daniel!

[@hebrewkingship2545]

hey thanks for the information really helpful..I do have a question though. regarding the question, does your business own a highway motor vehicle? currently the answer is no, but I plan on getting one in the next few months for my Business.. would the answer be no or yes?

[@llcuniversity]

If the vehicle you're going to get is a "heavy" vehicle (over 55,000 pounds), then you need to file an extra form and pay taxes to the IRS. Checking the box just give the IRS a "heads up" that they should expect that return. More info on Heavy Highway Vehicle Use Tax is on this page: www.irs.gov/businesses/small-businesses-self-employed/trucking-tax-center

[@endo-surgical9431]

Thanks for a very important informations, i have a question and you might be able to answer it. i already have EIN Number under my name and not on LLC, do i still have to apply for LLC???

[@llcuniversity]

You can apply your existing EIN to your LLC by writing the IRS a letter, but it's easier to just get a new EIN for the LLC since it only takes 10-15 minutes to run through the application. Just make sure to wait until your LLC is approved before applying for a new EIN. Hope that helps.

[@endo-surgical9431]

Hello, yes it certainly Didi help, but I applied on line and got the confirmation right a way, will receive the approval via mail or should I continue with the rest of the paperwork? Regards Fred

[@llcuniversity]

Hi Fred, if your LLC approval was electronic, then it has the same effect. You're good to proceed :)

[@shavontaemorris1132]

LLC University how do I get my LLC approved?Where do I go?

[@knights673]

Hi, Thanks for making these easy to understand videos. I would like to if I should be entering my home address or the registered agents address as I don’t have a physical address for my business? Thanks for your help!

[@llcuniversity]

With the EIN application, we recommend using your home address. This way, any notices or paperwork from the IRS will go right to you.

[@knights673]

@@llcuniversity thank you!

[@llcuniversity]

@@knights673 You're welcome :)

[@RealSavages]

Any tips you may have on Duns number?

[@llcuniversity]

Thanks for your comment. At this time, we have covered this yet, but will consider in the future. Thank you.

[@SK-1946]

Thanks for the video. Quick question; I'm making an LLC for multi-members. But IRS website only require me to put 1 person's information (name and SSN). Do I have to put my partner's information at later date? or did I miss 'add information for additional member' tab somewhere?

[@llcuniversity]

The IRS just needs 1 Responsible Party. The rest of the LLC Member's are listed in the Operating Agreement. We wrote more about the EIN Responsible Party here: www.llcuniversity.com/irs/ein-responsible-party-for-llc/. Hope that helps.

[@keytlaw]

you just need one responsible party to get your EIN!

[@nathant.1591]

So, I was going to start a sole proprietorship but I'm leading more towards just doing the LLC. Unfortunately, I already got an EIN number before doing any of the paperwork for a sole proprietorship or LLC. Am I still going to be able to use that ein since it's not tied to an actual company yet? Thanks for the great videos, and any feedback would be greatly appreciated.

[@llcuniversity]

No, you'll want to get a new EIN after the LLC is approved. And then you can cancel the old EIN: www.llcuniversity.com/irs/cancel-ein/

[@Mssummer362008]

so i just got done watching and reading information on your website and better understand domestic vs foreign llc. my concern is i currently live in texas and will do business here but i plan to move to either cali or Georgia in the near feature...what do i do with my llc i formed in texas...can i transfer it to another state...or do i close it and open one the other state.. also i am in the stage of becoming a food truck...that will travel...will my llc in texas provide protection as i sell in other states

[@llcuniversity]

Hi Venita, there are 3 ways to "move" an LLC. Dissolve and form a new one, register as a foreign LLC, or "domesticate/convert". It's a bit much to explain it all here, but if Texas will be somewhat of a base for you/your business, then possibly keeping the Texas LLC and having a foreign LLC registration may be the simplest. It'll keep it all under the same EIN and bank account. It's essentially 1 LLC (the TX LLC) that will be authorized to do business in all states (in addition to TX) where it is registered as a foreign LLC. Hope that helps.

[@clarisadonaldson6598]

I was saying there is ppl that get ein s online rhat are independent contractor an u don't have to have an llc to get an ein for my job for my insurance an for my self proportership for my job

[@llcuniversity]

Hi Clarisa, thanks for sharing. That all makes sense. What I meant by my comment was that our company just focuses on LLC education. Thanks for your understanding.

[@chinasmithwhite6474]

Great info. thanks for sharing.

[@llcuniversity]

You're very welcome!

[@alexisgilmore7725]

To apply for an LLC? Do you have to pay? Which resource do you use?

[@llcuniversity]

Hey Alexis, yes, there is a state fee. That'll be the only fee if you file yourself. If you want a company to file for you, then it's state fee + their fee. We have instructions on how to file on our website. Just google search "LLC University". Hope that helps!

[@carlaetcetera]

Hi Matt! I had issued a SSN when I had the O1 visa years ago. Should I introduce the SSN when opening al LLC as a foreign? The SSN was only valid to work when the visa was valid. I’m in the system, so I guess yes? Or will this affect somehow? Thank you so much in advance!

[@llcuniversity]

Hi Carla! This is a great question. Unfortunately, we actually don't know the answer. We're not sure of the pros and cons. There is a chance you may not have a US tax filing requirement if you're not going to be transacting business in the US. So maybe it's advantageous to apply for the EIN as a non-US resident (www.llcuniversity.com/irs/how-to-apply-for-ein-without-ssn/). Or maybe it doesn't matter if you use your SSN and apply for an EIN. However, we do know this. Just getting an EIN doesn't mean you have to pay taxes. It just means your LLC has an EIN. If there are no taxes to pay, there are no taxes to pay. This article will also be helpful if you are the only owner (Member) of your LLC: www.llcuniversity.com/irs/form-5472-foreign-owned-llc/. Hope that helps :) Feel free to keep us posted.

[@carlaetcetera]

@@llcuniversity appreciate your answer! :)))

[@llcuniversity]

@@carlaetcetera - You're welcome Carla :)

[@g_pokesport9165]

Im starting a cannabis cultivation facility, what should I label my business as? Thanks and great video!!

[@llcuniversity]

We're not 100% sure on that. It may be a good idea to enter it under "Other". Hope that helps.

[@NextstepwealthKB]

Thanks A lot for this info ... You’ve definitely saved me A Lot of money and time 🙏🏾

[@llcuniversity]

You're very welcome Kenny! If you need anything else, just toss "llc university" into your google searches ;)

[@NextstepwealthKB]

LLC University one more question ; if I already have an LLC and looking to be a member under another LLC , is it possible? , and what are your best tips for doing so . Thanks in advance

[@llcuniversity]

Hi Kenny, do you mean you want to own a 2nd LLC? Or are you trying to add an additional member to an already formed LLC?

[@NextstepwealthKB]

LLC University correct .. already own a single member LLC , but want to be added as a member of another existing LLC

[@llcuniversity]

Okay, I see. The process is not straightforward and we recommend hiring an attorney. But here is the overview. 1. Someone needs to sell/transfer some of their LLC membership interest to you. This can be done with an Assignment of LLC Membership Interest form. 2. They'll/you’ll need to amend the LLC’s Operating Agreement showing that the new Member was added and reflecting the new ownership percentages. 3. They/you may need to amend the Articles of Organization (or equivalent form) with the Secretary of State, depending on whether or not the Members are listed. What state is this LLC in? 4. Visit the bank together, show the bank your documentation, and add yourself as a signer. We recommend calling the bank ahead of time to make sure you have all the documents they need. You likely need to go to the bank with all the Members. 5. How many Members are in the LLC (before adding you)? You may need to file Form 8832 with the IRS to change the tax classification, but it depends. 6. You may need to update the account with the Department of Revenue or equivalent agency in your state.

[@JennyBranch0801]

Thank you so much for all your videos. I have a question about the part on "Where is the LLC physically located?" I hired the Northwest Registered Agent LLC as you recommended, in this case, should I put the address for Albany or my own address? Thank you.

[@llcuniversity]

Hi Jenny, the address entered during the EIN Application process is just a "mailing address". The IRS doesn't really care where it is. It's best to use your actual address here as Northwest doesn't want to be receiving IRS mail for you. Hope that helps :)

[@JennyBranch0801]

LLC University Thank you so much for your response. I put my actual address. Now I’m working on the operating agreement with members. Thank you for all the steps.

[@llcuniversity]

@@JennyBranch0801 You're very welcome Jenny!!

[@yaabza]

Thank you so very much for all this extremely helpful information!!

[@llcuniversity]

You're very welcome Yaqiyn!

[@allancostausa196]

Very good man.. thank you!

[@llcuniversity]

You're welcome Allan!

[@desiree658]

Can I ask you when filling out the paperwork am i also creating a LLC or is that something totally different. I see that you put the LLC name. But was just wondering. You made the entire process so easy thank you. Even explaining everything how calm and clear you were.

[@llcuniversity]

Hey Desiree, thank you! Glad it's helpful. No, this doesn't create an LLC. This is the step that's done to get an EIN for an LLC AFTER the LLC is approved. If you stop by our website and click on your state, you'll find instructions on how to form an LLC. After your LLC is approved, then you'll get the EIN. We also have detailed EIN instructions on our website too. Hope that helps!