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Re-use EIN?
 

If you can only request one EIN from the IRS can you re-use the same EIN on a different amazon account? Would they know it was used before? I only used my EIN once but that account was suspended and my new account is going great but the Tax Wizard popped up at the top and I know that eventually I will have to add that info.

Re: Re-use EIN?
 

Of course they know.

No old info can be reused on new amazon accounts.

:ranger:

Re: Re-use EIN?
 

You can have unlimited EIN numbers. I have many many many of them

Re: Re-use EIN?
 

It's one per day , not one per lifetime. Also you can get one that's in your name and not an LLC or Corporation

So I think this is where you are getting the number 1 from

Re: Re-use EIN?
 

It could also be that an individual is only entitled to ONE EIN.

However, LLC's, corporations and partnerships can each have their own EIN.

So, yes, YOU CAN have unlimited EIN's.

Don't be afraid of setting up an LLC or corporations, it is relatively easy. And professional help is available out there and it does not really cost very much at all. There are some paperwork type things that will need to be done every year, but it is fairly simple. Again, professional help is plentiful and cheap.

The thing is, each legal entity is entitles to one EIN. In the case of an individual, since YOU are the legal entity, you can only have one EIN. But each partnership, LLC and Corporation is considered a separate legal entity.

Amazon won't mind if you input business information. I have done it several times and have never lost an account over it.

Re: Re-use EIN?
 

Thanks so much for clarifying! I thought I was doing something wrong but I need to apply for an LLC.

Re: Re-use EIN?
 

Look at this site


Internal Revenue Service

Read it over as it's user friendly.

You can even talk to them for free.

Make sure you are making the correct choice.

Consider also speaking to a tax professional to have all your bases covered.

Good Luck

:ranger:

Re: Re-use EIN?
 

I have been successful in using the same ein number but not the bank account #...

Re: Re-use EIN?
 

No old info can be reused on new amazon accounts.

Re: Re-use EIN?
 

you have used an EIN # for multiple accounts even though it was on a banned account?

Re: Re-use EIN?
 

Yes I know I shouldn't have, but yes it wordpked for me fine... everything thing else was diffenet

Re: Re-use EIN?
 

that's interesting. I wonder if its a loop hole in their linking system. How many times have you successfully done that?

Re: Re-use EIN?
 

My .2cents is that maybe IRS has not asked amazon if the Tax info matches.

That's when this might unravel.

:spy:

Re: Re-use EIN?
 

You are only allowed one EIN per the IRS.gov as an individual

You are right if you form a corporation you can keep creating companies and getting EIN. But as stated above most important thing is ONLY ONE EIN AS A SOLE PROPRIETORSHIP

Re: Re-use EIN?
 

Never re-use old info as a nice stealth rule to follow

Yet another EIN question
 

I have a new EIN for my LLC. I received it earlier this week. I tried to add it to Amazon and I keep getting an error that it doesn't match. Can anyone guess what I am possibly doing wrong? I put the business name in the name space and the address. I chose C Corporation and added my name and email. I have done it about a dozen times and it keeps giving me the same error.

Re: Yet another EIN question
 

You filled with the IRS? did you pay to expedite? Every state is a little different.

Have you opened a checking account with it yet?

Re: Yet another EIN question
 

It takes about two weeks to register in the system. Try back in two weeks and it will work fine

Re: Yet another EIN question
 

Two things:

First the name must be entered EXACTLY as the IRS has it. ONE LETTER OFF and it won't match. For example, "IBM" is NOT the same as "IBM, Inc."

Second, it takes about 2 weeks for the EIN to propagate throughout the IRS's systems and get to the companies that do verifications. So, if you just applied, there will not be a match right away.

Question: Did it come back INSTANTLY with the "Does Not Match" message?

Re: Re-use EIN?
 

When you guys say unlimited EINs you are referring to basically incorporating as many LLCs as you want? But are you accounting for like the $600-$1k franchise fees/incorporation fees per state per year? Every time I think about getting another LLC that makes me think of $1k a year in fees and then having to file taxes quarterly for each one of them.
Is there something I'm missing? Thanks!

Re: Re-use EIN?
 

Cost of doing business....
Not all states are nearly as high as you are talking either. Some are a whopping $100.....

Re: Re-use EIN?
 

you must be in CA. We have it the worst :pout: