the startups.com platform about startups.comCheck out the new Startups.com - A Comprehensive Startup University
Education
Planning
Mentors
Funding
Customers
Assistants
Clarity
Categories
Business
Sales & Marketing
Funding
Product & Design
Technology
Skills & Management
Industries
Other
Business
Career Advice
Branding
Financial Consulting
Customer Engagement
Strategy
Sectors
Getting Started
Human Resources
Business Development
Legal
Other
Sales & Marketing
Social Media Marketing
Search Engine Optimization
Public Relations
Branding
Publishing
Inbound Marketing
Email Marketing
Copywriting
Growth Strategy
Search Engine Marketing
Sales & Lead Generation
Advertising
Other
Funding
Crowdfunding
Kickstarter
Venture Capital
Finance
Bootstrapping
Nonprofit
Other
Product & Design
Identity
User Experience
Lean Startup
Product Management
Metrics & Analytics
Other
Technology
WordPress
Software Development
Mobile
Ruby
CRM
Innovation
Cloud
Other
Skills & Management
Productivity
Entrepreneurship
Public Speaking
Leadership
Coaching
Other
Industries
SaaS
E-commerce
Education
Real Estate
Restaurant & Retail
Marketplaces
Nonprofit
Other
Dashboard
Browse Search
Answers
Calls
Inbox
Sign Up Log In

Loading...

Share Answer

Menu
New Business Development: Can you try your personal SSN to an EIN vs ITIN?
JK
JK
Jason Knott, International Tax Attorney answered:

If you are a U.S. citizen and already have an SSN, you are not eligible to apply for a separate ITIN. When you register a new business for an EIN, the person completing the application is the responsible party for the LLC's EIN application. The responsible party can be either an individual or an existing business. As you've discovered, if you are personally applying for the EIN as the sole member of the LLC, you will have to provide your own SSN. Some new businesses opt to appoint an existing business as the responsible party. The existing business can complete the EIN application for the new LLC by providing its legal entity name and EIN. If you're concerned about the IRS having your SSN associated with the LLC, I would suggest this is a moot issue. The LLC's profits and losses are eventually going to be reported on your personal income tax return each year, so the IRS will know that you are the owner. Also, if you plan to open a bank account or apply for a credit card through the LLC, banks and credit card companies will generally always require an SSN from a responsible party. Banks are hesitant to open accounts and provide credit unless your personal information accompanies the application.

Talk to Jason Upvote • Share
•••
Share Report

Answer URL

Share Question

  • Share on Twitter
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Share by email
About
  • How it Works
  • Success Stories
Experts
  • Become an Expert
  • Find an Expert
Answers
  • Ask a Question
  • Recent Answers
Support
  • Help
  • Terms of Service
Follow

the startups.com platform

Startups Education
Startup Planning
Access Mentors
Secure Funding
Reach Customers
Virtual Assistants

Copyright © 2025 Startups.com. All rights reserved.