dchadha
Feb 18, 2008, 06:30 PM
Hi,
I have opened a Single member LLC in Virginia by filing articles of organization and got a certfiface for the same. Now the second step is to get the EIN. I have gone through the instructions of latest SS4 form and almost filled the form also. But I have few questions in that as follow:
1. As per the latest SS4 form (Rev July 2007), there is no need to get EIN for single member LLC (which is my case). But I do want a separate EIN so that I don't have to use my SSN at all the places. My first question is that Can I still get EIN for single member LLC ?
2. What should I put in #1 and #2 of the form i.e
#1. "Legal name of entity (or individual) for whom the EIN is being requested" ?
Should I put the name of my single member LLC which I registered with State, lets say "Alpha Beta Gamma, LLC" ? or my full name ?
#2. "Trade name of business (if different from name on line 1) " ?
Should I put anything here ?
3. What should I put in 9(a) ?
As per instructions I should put "Disregarded entity" or "Disregarded entity - sole proprietorship" in Other(specify). What should I put for single member LLC ?
4. What should I select in #14 ?
I will not be having any employee, so there will be no employment tax liability. Should I select "Yes" here ?
5. I will be providing IT and software development and consulting. So in #16 and #17 I will pe putting "IT Consulting".
My question is : Is "IT Consulting" is fine to put here. I mean is there any catch / implication attached with word "Consulting" ?
Thanks in advance
dc
I have opened a Single member LLC in Virginia by filing articles of organization and got a certfiface for the same. Now the second step is to get the EIN. I have gone through the instructions of latest SS4 form and almost filled the form also. But I have few questions in that as follow:
1. As per the latest SS4 form (Rev July 2007), there is no need to get EIN for single member LLC (which is my case). But I do want a separate EIN so that I don't have to use my SSN at all the places. My first question is that Can I still get EIN for single member LLC ?
2. What should I put in #1 and #2 of the form i.e
#1. "Legal name of entity (or individual) for whom the EIN is being requested" ?
Should I put the name of my single member LLC which I registered with State, lets say "Alpha Beta Gamma, LLC" ? or my full name ?
#2. "Trade name of business (if different from name on line 1) " ?
Should I put anything here ?
3. What should I put in 9(a) ?
As per instructions I should put "Disregarded entity" or "Disregarded entity - sole proprietorship" in Other(specify). What should I put for single member LLC ?
4. What should I select in #14 ?
I will not be having any employee, so there will be no employment tax liability. Should I select "Yes" here ?
5. I will be providing IT and software development and consulting. So in #16 and #17 I will pe putting "IT Consulting".
My question is : Is "IT Consulting" is fine to put here. I mean is there any catch / implication attached with word "Consulting" ?
Thanks in advance
dc





