LLC, IRS And EIN
Hello,
I am the sole member of an SMLLC, which will have 1 to 3 employees (not memebers) by the end of the year. The IRS issued me 2 EINs, one in my name , and one in the company name. According to IRS phone service, this is correct for a SMLLC, the EIN in my name is for the Schedule C of my tax return, and the EIN in the company name is for employee taxes. I do not remember reading any where I should have 2 EINs, can anyone confirm this?
Thanks
Gary Barrentine
CASA Structured Wiring, LLC
Read and ask about the irs tax code #861.
Were the numbers issued at the same time or is one old? Did you only file one SS-4? IRS publ 1635 states that SMLLC don't need a EIN separate from its owners.
What does 861 have to do with this????
[ Edited by blueford on Date 09/08/2004 ]
[ Edited by blueford on Date 09/08/2004 ]
blueford,
Both numbers were issued on the same day. I only filled one SS-4, and I did it online through my state's DOR web site.
I have also found on page 4 in the instructions to the SS-4, wording that may explain this, but do not understand it completely.
Thanks
Gary