Tax ID Numbers Overview
A tax ID number identifies you to the IRS for tax purposes. The most common types are EINs (Employer ID Numbers), ITINs (Individual Taxpayer ID Numbers), and ATINs (Adoption Taxpayer ID Numbers). You can apply online for free.
Benefits of Having an EIN
Why get an EIN?
- File taxes separately from personal.
- Hire employees – get it first.
- Create a retirement plan.
- Withhold taxes for non-resident aliens.
How to Apply for a Tax ID Number
To apply for a tax ID number, provide information like your business name or individual info, address, and business type. You can apply online for free with no fees.
Is it Worth Getting a Tax ID Number?
Consider getting an EIN even if you’re not required to. Having an EIN helps separate personal finances from business, simplifies accounting, and limits liability in the case of a lawsuit.
Obtaining a Tax ID Number
Decide how you want to obtain your EIN:
- Your accountant or financial institution may help.
- Use the IRS Business & Specialty Tax Line (800-829-4933).
- Fill out Form SS-4 and mail it to the IRS.
- Submit an online application for a tax ID number yourself.
Frequently Asked Questions
How do I get a tax identification number? Fill out an application form and submit it to the IRS. You can get the form from your local IRS office or the IRS website.
What do I do if I don’t have a tax ID? Apply for an Employer Identification Number (EIN) from the IRS, which is used to identify businesses for tax purposes. You can apply for an EIN online or by mail.