Need up to 30 seconds to load.
hey you guys it's nathan back with
another video today i'm walking through
the process of how i got my tax id ein
from the irs this process took me just
about 15 minutes as soon as i got to the
right page and started putting in my
information
i was able to use my ein number that tax
id number
that day to open a business account so
um the other thing was that it was done
completely for free i didn't have to pay
for anything or any upfront cost with it
i was able to print off my documents
right away and i have them with me here
so
this is just my walkthrough of how i did
it this is not a professional financial
advice or tax professional information
this is just me showing you my process
so maybe it can help you but i would
encourage you to
look at
talking to a professional or looking at
videos from people who have done it and
are certified to teach this to others
but i just want to show you this for you
know educational purposes
but not like professional advice all
right so let's begin
we've got
right here
we have the
irs page there's a link to this down
below if you want to check out the page
and if we
zoom in here
we can see that there's kind of a
warning on here talking about only for
authorized use you know you really
should be
applying for this only if you are
allowed to so
let's begin so we have this irs page you
can go to begin application
over here you'll look at you know what
type of
legal
stature you're applying for
for this ein if you're a sole proprietor
if it's a partnership corporation llc
for my case i just went with sole
proprietor because that's kind of where
i'm starting from and down the road i
believe i can go and change it to an llc
if i want to in the future and going
over to
the continue button there is you know
household employer or there's a sole
proprietor continued with sole
proprietor
and then there's the please confirm your
selection
making sure that's all correct if not
you're going to go back and change the
type that you're getting
you can go over here to oh you know
hired employee or place you have start
new business you have purchase
you know there's different things in
here i had start a new business because
just kind of starting it up now this is
for my youtube and my website so kind of
online publishing
on the name thing here because we're not
submitting this we're going to put in
kind of just random information just so
we can see if we can see these last few
pages
but i do not recommend
submitting this unless if you are 100
happy with everything in here but pretty
much it will ask you here for
your information including your social
security number
it'll ask for then your address or
addresses for the business or your
personal address
then there'll be some details in here
which will be like what kind of business
is this what kind of sole proprietor
business is this and then your ein
confirmation that's when you would then
get that ein
number
and you'd be able to print it off right
then and there
and then you can either tell them to
you can then tell them to
purcha if you're wanting them to mail it
to you or
send you a digital copy of it but
basically we can go down here
and kind of fill this out
and here it shows that yep not correct
information you'd have to be putting in
your exact information to make all this
work
but nonetheless this is the steps and
process to get to here and then it's
just filling out your personal
information nonetheless i was able to
get it all set up for myself and it
worked out really well i'm sorry i
didn't get to record the process of me
doing this
uh to give you guys a better look but i
hope this gives you a good idea of what
you're looking at so you guys thank you
so much for watching and i'll see you
all in the next one
bye
