Social Security Number Issue

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  • momofboys
    Advanced Daycare Member
    • Dec 2009
    • 2560

    Social Security Number Issue

    I have given out my social security number to many parents with no issues in prior years. This year I termed a family who was quite angry at me for terming and I know they still harbor ill will toward me as I see one of them on a regular basis at preschool dropoff and they always ignore me, LOL. I do not under any circumstances wish to give them my social sec # but I also do not want to go through the trouble of getting an EIN #. I am afraid iT will mess up our taxes and make them complicated, I do our taxes online. Through turbotax so I don't want to mess things up. Do I have any other options??
  • Blackcat31
    • Oct 2010
    • 36124

    #2
    Originally posted by momofboys
    I have given out my social security number to many parents with no issues in prior years. This year I termed a family who was quite angry at me for terming and I know they still harbor ill will toward me as I see one of them on a regular basis at preschool dropoff and they always ignore me, LOL. I do not under any circumstances wish to give them my social sec # but I also do not want to go through the trouble of getting an EIN #. I am afraid iT will mess up our taxes and make them complicated, I do our taxes online. Through turbotax so I don't want to mess things up. Do I have any other options??
    Get the EIN. There really is no hassle involved. You can go directly to the IRS website and do it. No special skills required.

    When you apply for one using their online application, you receive your number immediatley following completion of the app.

    Use this tool to get an EIN directly from the IRS in minutes for free. Answer questions, submit the application and, if approved, we’ll issue your EIN immediately online.


    Scroll to the bottom where it says "Apply On-line Now"

    Comment

    • nanglgrl
      Daycare.com Member
      • Jul 2012
      • 1700

      #3
      Blackcat is correct. I also do my taxes online and it is no biggie it will ask you for an EIN or SS #. Your EIN in linked to your SS#.

      Comment

      • lovemykidstoo
        Daycare.com Member
        • Aug 2012
        • 4740

        #4
        I have been thinking of getting an EIN. What is needed to do that? Do you need a business name? I don't have a DBA or anything.

        Comment

        • kitykids3
          Daycare.com Member
          • Jan 2012
          • 581

          #5
          Yeah, get the EIN. It really is no hassle and it saves you from worrying about your SSN floating out there even more. Nowadays with even more identity theft, you don't want to be giving it out more than necessary. I have had an EIN since I opened and love the peace of mind from having it to give out rather than my SSN on the w-10's.
          lovethis daymommy to 7 kiddos - 5 girls and 2 boys

          Comment

          • momofboys
            Advanced Daycare Member
            • Dec 2009
            • 2560

            #6
            So it does not matter that I don't have a "business name"?

            Comment

            • nanglgrl
              Daycare.com Member
              • Jul 2012
              • 1700

              #7
              No, you don't need a business name to get an EIN.

              Comment

              • momofboys
                Advanced Daycare Member
                • Dec 2009
                • 2560

                #8
                Thank you, I will be filling out the online form today!

                Comment

                • itlw8
                  Daycare.com Member
                  • Jan 2012
                  • 2199

                  #9
                  I agree it is easy, free , and fast an no it will not mess up your taxes.

                  You are a sole propritor and the reason you need it is privacy and mark no employees
                  It:: will wait

                  Comment

                  • TomCopeland
                    Business Author/Trainer
                    • Jun 2010
                    • 3062

                    #10
                    Ein

                    Originally posted by lovemykidstoo
                    I have been thinking of getting an EIN. What is needed to do that? Do you need a business name? I don't have a DBA or anything.
                    You don't need a business name to get an EIN. Go to www.irs.gov to get your EIN.
                    http://www.tomcopelandblog.com

                    Comment

                    • lovemykidstoo
                      Daycare.com Member
                      • Aug 2012
                      • 4740

                      #11
                      Originally posted by TomCopeland
                      You don't need a business name to get an EIN. Go to www.irs.gov to get your EIN.
                      Thanks. I ended up going to the site and getting an EIN a few days ago. Thanks!!

                      Comment

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