Does an Estate Need a Tax ID (EIN)?

Frequently Asked Questions | FAQs

Whether or not you need an Employer Identification Number (EIN) depends on the annual income generated by an entire estate. Bearing a close similarity to a social security number, an EIN number features nine digits assigned by the IRS. Even though you are applying for an EIN number connected with an estate and not a corporation, the Internal Revenue Service (IRS) thinks of an estate as if it is a business. If any aspect of the estate generates more than $600 annually, you need to apply for an EIN number.


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