Applying for tax id number in illinois
Generally, you will be dealing with the Office of the Secretary of State and the Department of Revenue. You may need to file with your county and town or city government.
If you plan to set up as a sole proprietor or partnership, you will need to register using your own name or names. Limited partnerships , LLCs and corporations must complete forms to take on an assumed name, and file an application with the Illinois Secretary of State. If you plan to hire employees, manufacture goods or buy and sell products, either retail or wholesale, you must register your business with the Illinois Department of Revenue for tax purposes.
The quickest way to register is online at MyTaxIllinois. Online applications have a two-day processing time.
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Processing time for mailed applications is six to eight weeks. Once your application is processed, you will receive a Certificate of Registration and a taxpayer ID number. Display the certificate in a prominent place in your business. The Illinois Revenue Department will also send you forms needed to file your taxes with the state. This is the fastest option.
Note that the above link is only active Monday through Friday 7 a. Eastern time yes, I know, hours of operation for a webpage …. Today we will show how you can apply for one in about 5 minutes. Now on the right side of the page click on the link to apply for an employer identification number. Just click on that text if you need more information. When you are ready to start click on begin application.
Here we select the legal structure of the business that the EIN is being applied for. In this example, we will choose the Limited Liability Company, but the other entities go through a similar process to register the EIN.
After choosing the entity, click on Continue. The next page gives a brief overview of the entity that was selected from the previous page. Assuming this choice is still correct, click on continue.
Do I Need a Tax ID Number for My Business?
Enter your information, which will match the state you filed your LLC with and click continue. This page asks to confirm the previous selection.
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Take a look at those and click continue. Now we are asked about why an EIN is being requested.
Choices include started a new business, hired employees, banking purposes, changed type of organization or purchased active business. Select the one that best corresponded to your reason. In this example, we are choosing started a new business and then clicking continue. Next, provide the information of the individual filling out the request. Choose whether the individual is an owner or member Or a third party like an accountant or attorney and click continue.
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Now we are being asked to provide information regarding the physical location of the LLC, which should be the same as the address information of the LLC filed with your state. Next, enter a phone number.