How do I fill out an SS-4 for a sole proprietorship?

How do I fill out an SS-4 for a sole proprietorship?

Instructions for Filling Out Form SS-4

1. Line 1: The legal name of your business and the trade name, if different.
2. Line 2: The trade name of your business, the “doing business as (DBA) name,” sometimes called a “fictitious name”
3. Line 4: The mailing address of your business.
4. Line 3: Only required for trusts and estates.

What is the purpose of an ss4?

More In Forms and Instructions Use Form SS-4 to apply for an employer identification number (EIN). An EIN is a 9-digit number (for example, 12-3456789) assigned to employers, sole proprietors, corporations, partnerships, estates, trusts, certain individuals, and other entities for tax filing and reporting purposes.

Is w9 and ss4 the same?

Form W-9, which requests the taxpayer identification number of a taxpayer, is different from Form SS-4. While W-9 can seek certification of an EIN, Form SS-4 is used to actually apply for an EIN.

What is the purpose of a SS4?

What is SS4?

Form SS-4, Application for Employer Identification Number, is the IRS form that businesses use to apply for an employer identification number (EIN). You may need to provide your business lender with your IRS Form SS-4 notice. That way, they can verify your EIN when they evaluate your business loan application.

What is a SS4 EIN verification letter?

Form SS-4/ ss4 letter is an IRS form that corporations use to apply for an employer identification number (or EIN). Also known as an “SS4” or IRS notification, this formal confirmation will list your EIN and may be needed.

What is an SS-4 for LLC form?

The SS-4 for LLC form, also known as the Application for Employer Identification Number, is an Internal Revenue Service document that companies use to obtain an employer identification number. The IRS doesn’t give you a physical copy of Form SS-4, but they will provide a copy of your EIN assignment letter to keep with your business records.

What is Section 2 of the LLC registration form?

Section 2 mentions “trade name.” If your trade name (the name you advertise your services under) is different than your actual LLC name, enter it here. So, if your LLC’s name is Great Stuff LLC, but you advertise your products under Total Greatness, you’ll want to enter “Total Greatness” in section 2.

Do lenders require IRS Form SS-4 for business loans?

Some lenders require a copy of IRS Form SS-4 as part of the loan application process. Form SS-4 or the Application for Employer Identification Number is the form used to apply for an EIN from the IRS. The EIN is required for various business purposes, including opening a business bank account or federal income tax reporting.

What type of entity is an LLC?

Skip to main content. A Limited Liability Company (LLC) is an entity created by state statute. Depending on elections made by the LLC and the number of members, the IRS will treat an LLC either as a corporation, partnership, or as part of the owner’s tax return (a “disregarded entity”).