2007-06-24 04:06:41 · 5 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
The Federal tax ID is the FEID: Federal Employer ID number. If you have employees, you need one of these. If you are in business by yourself alone, you can use your Social Security number.
2007-06-24 04:31:29 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Federal Tax ID is a corporate tax identification number issued by the IRS. Sales and Use Tax ID is a business sales and use tax number issued by each state.
2007-06-24 04:16:11 · answer #2 · answered by nosillenhoj 4 · 0⤊ 1⤋
They are for different purposes, and the sales tax ID comes from the state, not the feds. They are two totally different things.
2007-06-24 07:34:55 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
Federal tax id is from IRS....sales and use tax id is from your state taxing agency for sales tax reporting.
2007-06-24 04:11:18 · answer #4 · answered by HouAnswerGuy 6 · 1⤊ 0⤋
The FEIN is your federal ID. A state can issue their own ID for sales and use tax. However, many stated just use the FEIN (with slight vatiations) as long as they have it.
2007-06-24 13:55:47 · answer #5 · answered by Steve 6 · 0⤊ 0⤋