Individuals who have businesses established in the United States should be aware that they can obtain an Employer Identification Number by applying online.
IRS EIN Application Eligibility, Apply Online with Complete Procedure
The IRS EIN application can be submitted through the official website of the Internal Revenue Service at https://www.irs.gov/. Regardless of the state you belong to, as long as you have a valid Taxpayer Identification Number, you can apply online to obtain an EIN.
IRS EIN Application
Applying for an EIN does not require any paperwork or standing in long queues for hours. By completing the IRS EIN application online, which takes approximately 15 minutes, individuals can easily obtain an EIN if they have all the required credentials. To apply online and obtain an EIN, an individual must have a Social Security Number or an Individual Taxpayer Identification Number. Please continue reading for more details on the submission of the online application form.
An EIN is obtained for tax administration purposes and should not be used for tax liens, auctions or sales, lotteries, etc. Also known as a Federal Tax Identification Number, an individual with an EIN can apply for tax exemptions if their business qualifies for them. In the event of a change in ownership of a business located in the United States, obtaining a new EIN is necessary. Please scroll down to learn more about the process.
How to Apply for an Employer Identification Number?
Before understanding the procedure for applying online to obtain an EIN, it’s important to note that an individual can submit the IRS EIN application between 7 am and 9 pm (Eastern Standard Time) from Monday to Friday. It is essential to complete the online application process within 15 minutes.
To apply online and obtain an Employer Identification Number for a business in the United States, follow the step-by-step instructions below:
- Visit the official website of the Internal Revenue Service at irs.gov.
- Find the option that reads “Apply for an Employer ID Number (EIN)” and click on it.
- After selecting the above option, click on the “Apply Online Now” button.
- Provide your Taxpayer Identification Number and other required credentials, then click the “Submit” button to complete the process.
Upon completion of the process, you will receive your Employer Identification Number. Make sure to download, save, and print your EIN confirmation notice.
Note: If you do not have an Individual Taxpayer Identification Number, you can use your Social Security Number to submit the application form.
Before starting the online application process to obtain an Employer Identification Number, ensure that you have all the necessary credentials and a stable internet connection. If you are unable to submit within 15 minutes, you will need to restart the application form.
Who is Eligible to Obtain an EIN?
Individuals whose principal business is located in the United States and have a valid Taxpayer Identification Number are eligible to obtain an Employer Identification Number (EIN). This number can be used for purposes such as opening a bank account, applying for business licenses, and filing a tax return by mail.
Once the EIN is at least two weeks old, you can also file an electronic return, make electronic payments, and participate in the IRS Taxpayer Identification Number (TIN) matching program. In addition to these benefits, there are many others associated with having an EIN.
IRS EIN Application: FAQs
What credentials are required to obtain an Employer Identification Number?
A Social Security Number or Individual Taxpayer Identification Number is mandatory to obtain an EIN.
Where can I apply online to obtain an EIN?
To obtain an Employer Identification Number (EIN), you can apply online at https://www.irs.gov/.