280411
You'll need to sign in or create an account to connect with an expert.
I don't think it will matter as long as you report the income. Having an EIN does give you the option of using some pension plans (KEOGH). It also lets you give out your EIN instead of you SSN to clients. Since you already have it, I would suggest just being sure to enter it on your schedule C and report the income. You should be fine.
You do want an EIN because it saves you having to give your personal SSN to your clients (which is a security and identity theft risk).
Report all your income on one tax return. It doesn't matter if some 1099s use your SSN and some use your EIN, the IRS knows that both numbers belong to you.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
user17555332003
New Member
jacelynwillis
New Member
twde191226
New Member
black1761
Level 1
joegrillope
New Member