2006-12-12 12:22:07 · 4 answers · asked by gabz 1 in Business & Finance ➔ Taxes ➔ United States
Because I want to buy wholesale items online, I found one but they were asking for a Reseller's ID, I wonder if they're the same thing.
2006-12-12 12:28:21 · update #1
No, they are not the same. The tax ID is typically the federal employer identification number you use for your income tax and payroll tax filings. The resale ID is the tax id number you get from the state to be used in sales tax filings, and to purchase things for resale, so you don't have to pay sales tax on it (you will collect and pay the sales tax when you sell it).
2006-12-12 12:25:19 · answer #1 · answered by jseah114 6 · 0⤊ 0⤋
A Tax ID number is issued by the Federal Government and is used in the collection of income taxes. A Resale ID is a sales tax number and is used to collect and pay sales tax to your state.
2006-12-12 12:28:48 · answer #2 · answered by Flyby 6 · 0⤊ 0⤋
i just asked my friend for you they said yes you can and its the same thing that his supervisor at his job told him hope this helps
2006-12-12 12:25:18 · answer #3 · answered by Anonymous · 0⤊ 0⤋
no
2006-12-12 12:23:19 · answer #4 · answered by Anonymous · 0⤊ 0⤋