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February 15, 2023
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I have filed a Schl C for years with my SSN. In 2022 a corporate client required that I use an EIN. I now have both SSN and EIN 1099's for the same services. Do I need to create a new business with for the EIN income?

  • February 15, 2023
  • 1 reply
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    Best answer by rjs

    No, do not create a new business. Just enter your business income as you normally do. When TurboTax asks if you have an EIN, answer Yes and enter the EIN. It's all one business.


    Now that you have an EIN for your business, you should consider asking your other clients to use your EIN instead of your SSN, just to reduce the exposure of your SSN. You certainly should not give your SSN to any new clients.

     

    1 reply

    rjs
    rjsAnswer
    Employee
    February 15, 2023

    No, do not create a new business. Just enter your business income as you normally do. When TurboTax asks if you have an EIN, answer Yes and enter the EIN. It's all one business.


    Now that you have an EIN for your business, you should consider asking your other clients to use your EIN instead of your SSN, just to reduce the exposure of your SSN. You certainly should not give your SSN to any new clients.

     

    CherylPAuthor
    February 15, 2023

    Thank you very much for the quick reply!  The tricky part is that it is the same client who decided that they wanted an EIN mid-year.  So I have two separate 1099's from the same client.  I don't see where to enter that I have an EIN to connect to that 1099.

    CherylPAuthor
    February 15, 2023

    I now see that I enter the EIN under the business profile.