Obtaining an IRS Taxpayer Identification Number (TIN), also known as an Employer Identification Number (EIN), for your Wyoming LLC is an essential step for starting and operating your business. Here’s a complete guide:
Step 1: Prepare Your Wyoming LLC Information
Before applying for a TIN/EIN, ensure that your Wyoming LLC has been properly formed. This includes:
- Registered Business Name: Ensure your LLC name is unique and compliant with Wyoming’s naming requirements.
- Articles of Organization: File this document with the Wyoming Secretary of State.
- Registered Agent: Appoint a registered agent in Wyoming to receive legal documents.
- Operating Agreement (Optional but recommended): Draft an agreement outlining the management and operations of your LLC.
Step 2: Determine Your Eligibility
To apply for a TIN/EIN:
- The applicant must have a valid Social Security Number (SSN), Individual Taxpayer Identification Number (ITIN), or another EIN.
- A responsible party (the person who controls or manages the LLC) must apply.
Step 3: Choose Your Application Method
There are three primary methods to apply for an EIN from the IRS:
1. Online Application (Recommended)
- Steps:
- Visit the IRS EIN Application Website.
- Follow the step-by-step prompts to complete the application.
- Select “Limited Liability Company” as the type of entity.
- Enter your Wyoming LLC’s details (name, address, responsible party, and members).
- Once completed, you’ll receive the EIN immediately in PDF format.
- Requirements:
- The responsible party must have a valid SSN or ITIN.
- Online applications are available only during IRS business hours.
2. Mail Application
- Steps:
- Complete IRS Form SS-4 (Application for Employer Identification Number).
- Include all required details about your Wyoming LLC.
- Mail the completed form to:makefileCopy code
Internal Revenue Service Attn: EIN Operation Cincinnati, OH 45999 USA
- Processing Time: 4-6 weeks.
3. Fax Application
- Steps:
- Fill out Form SS-4.
- Fax the completed form to:Copy code
855-641-6935
- Include a cover sheet with your return fax number.
- Processing Time: Typically 4 business days.
Step 4: Key Information to Provide
When filling out Form SS-4 or the online application, you’ll need:
- Legal Name of LLC: As registered in Wyoming.
- Address: Physical or mailing address of your LLC.
- Responsible Party Information: Include SSN, ITIN, or EIN of the responsible party.
- Reason for Applying: Examples include starting a new business, hiring employees, or banking needs.
- Type of Business: Indicate the primary activity of your LLC.
Step 5: Use Your EIN
Once you receive your EIN, you can use it for:
- Opening a business bank account.
- Filing federal taxes.
- Applying for state-level tax accounts in Wyoming.
- Hiring employees and processing payroll.
- Applying for necessary business licenses and permits.
Common Questions
- Can a foreign person apply for an EIN for a Wyoming LLC?
- Yes, foreign individuals can apply for an EIN without an SSN or ITIN. However, the application must be done via fax or mail, and they must write “FOREIGN” in the SSN/ITIN field on Form SS-4.
- Is there a fee for obtaining an EIN?
- No, applying for an EIN is free of charge through the IRS.
- What if I lose my EIN?
- Contact the IRS Business & Specialty Tax Line at 1-800-829-4933 for assistance.
By following these steps, you can successfully obtain an IRS TIN/EIN for your Wyoming LLC. Let me know if you’d like help with specific steps or forms!