☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Returning Member
posted May 31, 2019 10:56:59 PM

Can I start a sep ira in a solo llc with a SS number or do i need an ein ?

Solo LLC was originally a partnership with an ein, but as a solo LLC I have used my   SS number on tax forms.

0 1 4430
1 Replies
Expert Alumni
May 31, 2019 10:57:01 PM

Yes, you can start a SEP-IRA for a one-member LLC with your SSN. A one-member LLC can be considered as a disregarded entity and you can file a Schedule C on your personal return.

Please read this IRS document for more information:

https://www.irs.gov/retirement-plans/retirement-plans-for-self-employed-people