SSN, EIN, or ITIN? How Are They Different? What Do You Need?
Don't know the difference between an SSN, EIN, or ITIN? We break it down in this post.
Let’s clear the air once and for all: What is the difference between an EIN, SSN and ITIN?
Read on to find out!
What is an EIN?
EIN stands for Employer Identification Number.
The IRS issues an EIN to a business for tax reporting requirements and you also need an EIN to open a US business bank account once you have opened an LLC.
Check out our blog post here on how to get an EIN!
What is an SSN?
SSN stands for Social Security Number.
The US SSA (Social Security Administration) issues an SSN in order to identify a US Citizen, Permanent Resident, or Temporary Nonimmigrant Worker
What is an ITIN?
ITIN stands for Individual Taxpayer Identification Number.
The IRS issues an ITIN to people who have a US tax filing (or informational reporting requirement) and are not eligible for an SSN.
Check out our blog post here on how to get an ITIN!
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