TaxGuyBill
Level 15
11-03-2023
11:25 AM
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@Jim-from-Ohio wrote:
just use the same EIN
If the EIN belongs to the LLC, yes, use the same EIN.
But if the EIN belongs to the Individual Person, the LLC needs an EIN. The disregarded Single Member LLC might not even have an EIN because that is only needed for payroll and excise taxes.