How To Get An EIN For Texas LLC

A Texas EIN employer identification number is a number that will allow you to perform many tasks and it is one of the necessary for your Texas LLC. It has various names in all other states such as Federal Tax Identification Number (FTIN), or Federal Employer Identification Number (FEIN). You will get EIN for Texas LLC from the Internal Revenue Service and it will help the IRS to verify your firm as a tax-paying entity. Once you form the Texas LLC successfully then you can acquire the Employer Identification Number from the IRS. By visiting the website, by mailing the documents, by fax, or by telephone. Appropriate information about your LLC must be provided by you at the time of applying for an employer identification number.

How To Get An EIN For Free

If you have formed the LLC then you must get the Employer Identification Number as soon as possible as it is important. If you want to hire new employees in your LLC. If you want to get the Texas EIN then you must have the Social Security Number. While you are filing the EIN for Texas LLC, the form you need to finish the form within 15 mins and once the form is completed you will receive your Employer Identification Number. There are a few basic steps that you can follow to get the Texas EIN Employer Identification Number free for your Texas LLC.

Step 1: When you reach the official website of the Internal Revenue Services. The First Step is you will have to select the structure type of your Limited Liability Company. (LLC, Sole Proprietorship, Single-Member LLC, Multi-Member LLC Corporation, etc.)

EIN Step 1

Step 2: Once you press continue then you will see the second step, you will have to provide the information of how many members are present in the forming an LLC. You will have to provide the information related to the location of the LLC.

EIN Step 2

Step 3: In the third step, you will have to provide the reason why the Limited Liability Company is requesting the and EIN for Texas LLC.

EIN Step 3

Step 4: In the last step you will have to provide information about the “Responsible Party”. You will have to provide the Name, Middle name, Last name of the person, including the (SSN) Social Security Number /(ITIN) Individual Taxpayer Identification Number. The person must check the box in which place he/she stands, then click on the continue button to submit the form to get the Texas EIN.

EIN Step 4

Step 5: Here you have to enter the legal details of the LLC. Details such as the name of the business, location of your business, name of trade or doing business as (DBA), name of the country where your LLC is located and name of the state along with the date on which it is started. Move further by clicking on the continue tab. 

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Step 6: At last you have to provide answers to certain questions asked for tax purposes. To successfully get the Texas EIN for your Limited Liability Company. 

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Step 7: Lastly you have to provide the purpose of the business. 

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Step 8: Here on the last page you have to select whether you will like to receive the documents online or by mail. It is highly recommended to choose the online way to receive the Texas EIN.

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Why EIN is Important For an LLC

Once you have registered the LLC in Texas, If you are going to get the Texas EIN Employer Identification Number for your LLC. There are a few criteria that you need to follow before filing the EIN for Texas LLC. Here I have explained the criteria in detail have a look and find out in which category your business fits. I recommend you to check out all the criteria, if you will have a look you will get to know that does your LLC needs the EIN or not.
  • Does the business have a sole proprietorship with employees?
  • Does the business have a single-member LLC with employees?
  • Do the business is a multi-member LLC?
  • Do the business is Partnership, non-profit, or a corporation?

Sole Proprietorship

If the formed Texas LLC follows the Sole Proprietorship structure with employees then you will need the Texas EIN Employer Identification Number for Texas LLC. If the business follows the Sole Proprietorship structure without employees & the owner does not file any of the excise pension plan tax returns. The owner does not need an Employer Identification Number. If you pay taxes then you should get the EIN, if you want to open a business bank account. This might reduce the risk in the future.

Single-Member LLC/Multi-Member LLC

If Texas LLC is formed & managed by a single entity, even he does not hire any of the employees. Nor, the owner pays the excise tax liability then the LLC will not require the Employer Identification Number. If the Limited Liability Company has employees, then they must get the Texas EIN Employer Identification Number. I recommend you to get the Employer Identification Number for Texas LLC if you have the employees or not, as this will reduce the risk in the future.

If you have formed an LLC in Texas and it has more than one owner or partner then you will have to provide the Partnership return form including the K-1s to all the other partners or owners of the Texas LLC. Then you must apply for the Employer Identification Number for your LLC in Texas.

Corporations

The registered Limited Liability Company follows the S corporation tax structure. Then you must get the Texas EIN Employer Identification Number, as it will also help you in tax reporting purposes. If the Limited Liability Company follows the C corporation tax structure. Then also you will have to provide the Employer Identification Number EIN for Texas LLC, as your LLC is referred to as an individual entity.

Note: If the formed LLC is based on a non-profit organization then you will need the Employer Identification number, as it is needed while paying the Taxes.