@RyanCScott wrote:
It says that the sole proprietor EIN is for doing business if you aren't incorporated or registered with the state as an LLC. I'm doing business under my LLC.
The application also says that a sole proprietor can have only one EIN
That is interesting that the application says that. That in not in harmony with the W-9 Instructions or what I've read in the Regulations about an LLC.
While it is fine line, the sole proprietor (you) is different than the LLC (even though the LLC is taxed as 'you'). For example, if you sold the LLC to somebody, that other person would keep the EIN because it belongs to the LLC, not you. Or if another person became co-owner of your business, it would be taxed as a Partnership. The LLC would keep its number, even though it isn't only 'you'.
