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Do I need an EIN if I am a single member LLC or freelancer?

Sometimes optional, often very useful.

Updated over 3 months ago
  • The IRS lets some single member LLCs and sole proprietors use the owner’s SSN instead, but many banks and platforms still require an EIN.

  • You almost always want an EIN if you:

    • Want a separate business bank account

    • Work with U.S. clients or platforms

    • Plan to hire or grow

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