Deductions & credits


@TaxSaveHelper wrote:

Why does the Turbotax not allow to create W-2 using SSN when Sole proprietor don't need EIN because only employee is the kid? Here you said, I should be able to issue W-2 to my Kid using my SSN. That is not happening with the Turbo tax software. Can you help, How do I create W-2 now?

 


Just get an EIN, it take 15 minutes and it also saves you giving your personal SSN to your clients and vendors.

https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-n...

 

As far as I know, the rule is you must have an EIN if you pay employees.  There is not an exception that I know of for if your employees are exempt from payroll tax withholding.