Whats the difference between a "Federal Tax ID #" and an EIN?

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Whats the difference between a "Federal Tax ID #" and an EIN?

I have an EIN but do I need to do something else to get a Federal Tax ID #?

2006-09-12 09:56:46 · 4 answers · asked by ghettoliberty 2 in Business & Finance ➔ Small Business

4 answers

Your EIN is the same as a Fed Tax ID

2006-09-12 10:00:55 · answer #1 · answered by Q.S.G 3 · 0⤊ 0⤋

if you are incorporating, you need to fill out a SS-4 form from the IRS to get a Federal Tax ID #, because if someone decides to sue you, they will sue the company (Tax ID), not you personally (EIN). If you are not incorporated, then you only need an EIN

2006-09-12 17:04:53 · answer #2 · answered by Randi L 5 · 0⤊ 0⤋

They are the same thing: http://en.wikipedia.org/wiki/Employer_Identification_Number

2006-09-12 17:02:25 · answer #3 · answered by danielle_thomas 2 · 0⤊ 0⤋

its the same thing

2006-09-12 17:01:42 · answer #4 · answered by emjay 5 · 0⤊ 0⤋