EIN vs SSN and Tax Returns

Hi All -

I have one MSC that I regularly shop for. They are one of my favorites. But they will not accept an EIN.

I have recently done my first shop for TS. Although their sign up procedure says you just don't get to self-assign without an EIN, their inital quiz has a question that suggests that you won't get paid without an EIN. Nice of them not to disclose any of this up front - NOT!

I can probably do a lot of business with TS as they seem to have a lot of projects that come up in my area - like 15 shops less than a mile away in the past week. So it is worth considering getting the EIN.

BUT - what happens at tax time if you have income under both the EIN and your SSN? Do you have to file two separate returns?


Create an Account or Log In

Membership is free. Simply choose your username, type in your email address, and choose a password. You immediately get full access to the forum.

Already a member? Log In.

You do not have to file 2 seperate returns.

Based in MD, near DC
Shopping from the Carolinas to New York
Have video cam; will travel

Poor customer service? Don't get mad; get video.
You file a schedule C and use the EIN on the form. You put down all your IC income, does not matter if your 1099s come with EIN or SSN.

Not my circus - Not my monkeys @(*.*)@

~Polish Proverb~
EIN is five minutes to get. And you file it on your regular return under a schedule C. With the fact that companies get breached in the data department it is one more level of safety for you.
Sorry, only registered users may post in this forum.

Click here to login