|
05-22-2017
| Senior Member | | Join Date: Jan 2013
Posts: 2,821
Thanks: 1,325
Thanked 912 Times in 562 Posts
Activity: 0% Longevity: 65% | | Re: Use same EIN for multiple Amazon accounts
Get yourself an LLC, then you can have as many as you need.
|
The complete step-by-step guide to get back to selling today!
| |
05-22-2017
| | Senior Member | | Join Date: Sep 2010
Posts: 2,340
Thanks: 659
Thanked 444 Times in 346 Posts
Activity: 0% Longevity: 79% | | Re: Use same EIN for multiple Amazon accounts Quote:
Originally Posted by elmo Get yourself an LLC, then you can have as many as you need. | One. You can have one. Then need another LLC
|
05-22-2017
| | Executive [VIP] | | Join Date: Sep 2007
Posts: 42,343
Thanks: 5,612
Thanked 9,142 Times in 7,106 Posts
Activity: 0% Longevity: 96% | | Re: Use same EIN for multiple Amazon accounts Quote:
Originally Posted by muahangmot I have a similar question. I'm currently have 1 amazon account and want to create another just in case. The Amazon account has already been associate with my SSN, and my EIN (I put SSN first, then later on EIN).
Can I get another EIN from IRS using my SSN again? Or do I have to register another company like jame said?
Also, would another EIN make it complicated when I do tax? Do I have to file 2 schedule C at that time?
Thanks. | Your tax professional does this.
How can you be using a VATICAN flag and talk of re-using your SSN.
Where are you truly?
With so little info, no one here should give tax advice because of the complications.
__________________ REAP WHAT YOU SOW. LIFE IS SO NOT FAIR. | The Following User Says Thank You to GreenBean For This Useful Post: | |
05-22-2017
| Senior Member | | Join Date: Jan 2013
Posts: 2,821
Thanks: 1,325
Thanked 912 Times in 562 Posts
Activity: 0% Longevity: 65% | | Re: Use same EIN for multiple Amazon accounts Quote:
Originally Posted by james13v One. You can have one. Then need another LLC | Yes most people already know this. |
05-22-2017
| | Senior Member | | Join Date: Sep 2010
Posts: 2,340
Thanks: 659
Thanked 444 Times in 346 Posts
Activity: 0% Longevity: 79% | | Re: Use same EIN for multiple Amazon accounts Quote:
Originally Posted by elmo Yes most people already know this. | People that know about how EIN's work, know this. But a lot of people don't. And the way you're post and others come off, people think they can get multiple EIN's for one LLC. When I was first starting out, I definitely didn't know this, and if I read someone say " get an LLC, and you can get as many EIN's as you need", I'd assume you meant exactly what you said.
|
05-22-2017
| Senior Member | | Join Date: Jan 2013
Posts: 2,821
Thanks: 1,325
Thanked 912 Times in 562 Posts
Activity: 0% Longevity: 65% | | Re: Use same EIN for multiple Amazon accounts
Sorry for the misunderstanding. I think we are all good now.
1 EIN = 1 DBA / SSN / 1 LLC etc.
| The Following 2 Users Say Thank You to elmo For This Useful Post: | |
05-28-2017
| Junior Member | | Join Date: Aug 2010
Posts: 102
Thanks: 13
Thanked 26 Times in 15 Posts
Activity: 0% Longevity: 79% | | Re: Use same EIN for multiple Amazon accounts
In all honesty, I have used the same EIN and Socials before on Amazon. It has worked and I have had no problems. Everyone is different but it has worked for me. I don't have time to continue changing EIN's.
|
05-28-2017
| Senior Member | | Join Date: Jan 2013
Posts: 2,821
Thanks: 1,325
Thanked 912 Times in 562 Posts
Activity: 0% Longevity: 65% | | Re: Use same EIN for multiple Amazon accounts
Well that's definitely a concrete way to get potentially linked to multiple accounts. Not recommended...
|
05-28-2017
| | Executive [VIP] | | Join Date: Sep 2007
Posts: 42,343
Thanks: 5,612
Thanked 9,142 Times in 7,106 Posts
Activity: 0% Longevity: 96% | | Re: Use same EIN for multiple Amazon accounts Quote:
Originally Posted by kev59 In all honesty, I have used the same EIN and Socials before on Amazon. It has worked and I have had no problems. Everyone is different but it has worked for me. I don't have time to continue changing EIN's. | If you want to link accounts, risk having funds held forever if one account gets problems then you take that risk.
We however advise strongly against the concept of creating links between stealth accounts.
Majority would have time to practise better stealth methods than you. |
05-30-2017
| | Junior Member | | Join Date: Jan 2013
Posts: 381
Thanks: 93
Thanked 49 Times in 42 Posts
Activity: 0% Longevity: 65% | | Re: Use same EIN for multiple Amazon accounts Quote:
Originally Posted by james13v Umm, one EIN per company. You'd have to register another company. YOu make it sound like he can just go online, pay $5 and get an EIN, pay $5 get another, and another. I wish. | I don't think there is a $5 charge for EINs, they are free usually.
Last edited by alekov; 05-30-2017 at 12:14 AM.
|
05-30-2017
| Junior Member | | Join Date: Aug 2010
Posts: 102
Thanks: 13
Thanked 26 Times in 15 Posts
Activity: 0% Longevity: 79% | | Re: Use same EIN for multiple Amazon accounts Quote:
Originally Posted by GreenBean If you want to link accounts, risk having funds held forever if one account gets problems then you take that risk.
We however advise strongly against the concept of creating links between stealth accounts.
Majority would have time to practise better stealth methods than you. | As stated....everyone is different but I have been using this method for years and never had any problems.
|
05-30-2017
| | Executive [VIP] | | Join Date: Apr 2010
Posts: 2,842
Thanks: 1,090
Thanked 683 Times in 494 Posts
Activity: 0% Longevity: 81% | | Re: Use same EIN for multiple Amazon accounts Quote:
Originally Posted by james13v Umm, one EIN per company. You'd have to register another company. YOu make it sound like he can just go online, pay $5 and get an EIN, pay $5 get another, and another. I wish. |
You can have 1 EIN per LLC and 1 EIN as Sole Proprietor. If you burned your Sole Proprietor on banned account then you will be required to create a new corporation and then you can get another EIN per Corporation.
The days of getting multiple EIN's online are over several years ago.
Sure you can lie to IRS and say you own many Corps, but that will eventually lead to big trouble.
__________________
"Mark 11.24 Whatsoever ye desire, believe that ye have it, and it is yours"
|
05-30-2017
| Subscribed [VIP] | | Join Date: Jan 2017
Posts: 13
Thanks: 2
Thanked 2 Times in 1 Post
Activity: 0% Longevity: 42% | | Re: Use same EIN for multiple Amazon accounts Quote:
Originally Posted by newjerseymax You can have 1 EIN per LLC and 1 EIN as Sole Proprietor. If you burned your Sole Proprietor on banned account then you will be required to create a new corporation and then you can get another EIN per Corporation.
The days of getting multiple EIN's online are over several years ago.
Sure you can lie to IRS and say you own many Corps, but that will eventually lead to big trouble. |
I concur. I miss the old days
|
06-02-2017
| Junior Member | | Join Date: May 2017
Posts: 24
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0% Longevity: 40% | | Re: Use same EIN for multiple Amazon accounts Quote:
Originally Posted by GreenBean Your tax professional does this.
How can you be using a VATICAN flag and talk of re-using your SSN.
Where are you truly?
With so little info, no one here should give tax advice because of the complications. | Thanks.
I'm in the US. No idea why mine is a Vatican flag.
I have a SSN, which was initial used on my Amazon seller account. Later on, when I register a business as Sole-Proprietorship, I used the EIN to replace my SSN.
Now I want other Amazon account, just because.
I know almost all the steps, except for EIN part. For a second I thought I can just get another EIN with my SSN again. But reading posts above, it seems not the case.
If I have to open an LLC to get an EIN, seem like I will have to file 2 schedule C at the end of the year? 1 for the sole proprietorship, and 1 for the LLC. |
06-02-2017
| Senior Member | | Join Date: Jan 2013
Posts: 2,821
Thanks: 1,325
Thanked 912 Times in 562 Posts
Activity: 0% Longevity: 65% | | Re: Use same EIN for multiple Amazon accounts
Best to talk to an accountant for those questions |
06-02-2017
| Junior Member | | Join Date: May 2017
Posts: 24
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0% Longevity: 40% | | Re: Use same EIN for multiple Amazon accounts
Sure I will. Just 1 last question: can I do multiple DBA as sole proprietorship?
Thanks
|
01-25-2018
| Junior Member | | Join Date: Jan 2016
Posts: 91
Thanks: 2
Thanked 3 Times in 1 Post
Activity: 0% Longevity: 47% | | Re: Use same EIN for multiple Amazon accounts Quote:
Originally Posted by elmo 1 account = 1 unique EIN
You can get multiple EIN #s | What if you used a diffent name would you be able to get a ein?
|
01-25-2018
| | Executive [VIP] | | Join Date: Dec 2009
Posts: 76,074
Thanks: 5,945
Thanked 8,936 Times in 8,227 Posts
Activity: 100% Longevity: 83% | | Re: Use same EIN for multiple Amazon accounts Quote:
Originally Posted by wwwbest What if you used a diffent name would you be able to get a ein? | You don't mess around with using different names on the IRS websites for getting an EIN - that's illegal.
| The Following User Says Thank You to rsot For This Useful Post: | |
03-05-2018
| | Executive [VIP] | | Join Date: Dec 2014
Posts: 3,323
Thanks: 482
Thanked 621 Times in 556 Posts
Activity: 27% Longevity: 54% | | Re: Use same EIN for multiple Amazon accounts Quote:
Originally Posted by Stealthhippie hi
i need a VCC for amazon seller verification anyone got one ?
please message me
thanks | Yes you can buy from marketplace
|
03-07-2018
| Junior Member | | Join Date: Jan 2018
Posts: 11
Thanks: 0
Thanked 2 Times in 2 Posts
Activity: 0% Longevity: 36% | | Re: Use same EIN for multiple Amazon accounts
Thats a clear no.Never resue the same info on two accounts
|
03-07-2018
| | Executive [VIP] | | Join Date: Dec 2009
Posts: 76,074
Thanks: 5,945
Thanked 8,936 Times in 8,227 Posts
Activity: 100% Longevity: 83% | | Re: Use same EIN for multiple Amazon accounts Quote:
Originally Posted by e2free Yes you can buy from marketplace | Ideally yes
|
04-09-2018
| | Executive [VIP] | | Join Date: Apr 2010
Posts: 2,135
Thanks: 84
Thanked 309 Times in 239 Posts
Activity: 0% Longevity: 81% | | Re: Use same EIN for multiple Amazon accounts
Imagine walking into your accountants office and say hey bro, i have these 25 ein's form 25 ebay accounts i want you to file taxes for, oh and here is the 25 P&l's 25 balance sheets etc.. What a crock of ****, he'd throw you outta there and ask what kinda shady stuff you doing. If you legitimately are doing all this paperwork.I sure hope you're making 6 figures, and i mean not just 100k. like 300k or more. Goodluck with all of that!
|
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts HTML code is Off | | | |