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January 20, 2025
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I was employed half year, starting my own home based business. Turbotax's had my SS #. I do need to use my SS for w-2, but I need to ADD my EIN. Can I have both, how?

  • January 20, 2025
  • 1 reply
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    Best answer by MAK70

    In general, a sole proprietor does not need an EIN and should not use one unless they change business structure, file for bankruptcy, pay employees or start a retirement plan.  If you have one, you can add it for your Schedule C in the general information section.  (See below)

     

    For more information, please see Employer Identification Number, Publication 1635.  

     

    1 reply

    MAK70Answer
    January 20, 2025

    In general, a sole proprietor does not need an EIN and should not use one unless they change business structure, file for bankruptcy, pay employees or start a retirement plan.  If you have one, you can add it for your Schedule C in the general information section.  (See below)

     

    For more information, please see Employer Identification Number, Publication 1635.