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  • TomCopeland
    Business Author/Trainer
    • Jun 2010
    • 3062

    #16
    taxes

    You can claim your business expenses, regardless of whether you use your social security number or an EIN.

    You only enter your EIN on Schedule C and Schedule SE. On all other forms, enter your social security number. You aren't doing two sets of taxes.
    http://www.tomcopelandblog.com

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    • MN Day Mom
      Daycare.com Member
      • Mar 2011
      • 246

      #17
      After getting an EIN do you "have" to use it? I tried getting one the other day but the site was having technical difficulties and now if I do it the number won't be in their system for 10 days. I'm worried if I give my new number to families next week and they do their taxes right away that my EIN won't match up with my taxes. Can I give my SS# out and my EIN or is it one or the other?

      Originally posted by TomCopeland
      You can claim your business expenses, regardless of whether you use your social security number or an EIN.

      You only enter your EIN on Schedule C and Schedule SE. On all other forms, enter your social security number. You aren't doing two sets of taxes.

      Comment

      • TomCopeland
        Business Author/Trainer
        • Jun 2010
        • 3062

        #18
        Ein

        Originally posted by MN Day Mom
        After getting an EIN do you "have" to use it? I tried getting one the other day but the site was having technical difficulties and now if I do it the number won't be in their system for 10 days. I'm worried if I give my new number to families next week and they do their taxes right away that my EIN won't match up with my taxes. Can I give my SS# out and my EIN or is it one or the other?
        Once you have an EIN number, start using it with parents. You are not required to use your EIN, but I think it's a good idea to do so. It doesn't matter that your EIN is not in the IRS system, by the time the parent's file their tax return.
        http://www.tomcopelandblog.com

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